What caught my eye from the link...

Another major producing country, Russia, has regressed to what Economides called the Brezhnev era with the state takeover of Yukos, once Russia's largest oil company, and the jailing of its founder, Mikhail Khodorkovsky. That, he said, puts over 50 percent of Russia's oil production capability in government hands and "that's a serious deficiency."

He chided the Bush administration for not forcefully opposing the Russian government's actions, saying the administration should be blasting Russian President Vladmir Putin.

"The Bush administration was not stern with Putin, who is a bigger threat than Saddam Hussein was," Economides stated.

WTF? Invade Russia? These freakin' Texans shouldn't be allowed to play 'Risk'... keep'em play football for Godsake... maybe they'll get hurt.

economides comments about russia put him firmly in the neocon camp.

the israeli russians who putin banished for looting and failing to pay taxes on the loot are supported by no lesser light than richard perle, who called for russia's banishment from the G-8 when his israeli russian buddy khodorkovsky was busted by putin.

khodorkovsky had his appeal rejected by a moscow court last week, and was sentenced to 8 years in the pokey.

richard perle's newspaper, the telegraph, had this sympathetic treatment of khodorkovsky's confinement, but had to note at the end of the article that

His campaign manager said the opposition would still try to make it a "people's election", urging voters to write Khodorkovsky's name on their ballot papers. Yet he seems not to command significant voter loyalty. Many ordinary Russians resent the "oligarch" billionaires for gaining control of former state assets after the fall of the Soviet Union.

From custody, Khodorkovsky tried to reach out to the public, admitting that the oligarchs had made mistakes. Even so, a recent opinion poll found that most Russians were indifferent to his sufferings. Only one per cent said he wanted to "strengthen the economy", "help people" or "make Russia prosper".

economides support of this lashup of clowns might make him a fairly reliable indicator of PNAC's intentions.
The PNAC / Feith / Pearle / Kristol / Wolfowitz thing isn't working out so well, is it:

Bomb hits oil ministry in Baghdad
A suicide bomber kills at least six people and injures 13 outside the oil ministry in the Iraqi capital, police say.

there's a theory floating around that this is exactly what the israeli american faction of PNAC wants. the more chaos in iraq, the safer israel feels ---as long as the iraqis are fighting amongst themselves, they are no threat to israel.

the only thing israel needs is peace in the kurdish area, where 10 billion barrels of oil in kirkuk are being babysat by the mossad as israel supports the kurdish faction that is willing to send that oil to israel.

there's a lot of talk around about rebuilding the kirkuk/haifa pipeline, but the problem with that is that a lot of the pipe runs through syria, which explains a lot of the neocon agitation to get syria.

Efforts to Repair Iraq's Oil Facilities Founder
September 26, 2005
The deficiencies have deprived Iraq of hundreds of millions of dollars in potential revenue needed for national rebuilding efforts and kept millions of barrels of oil off the world market at a time of growing demand.

http://www.latimes.com/news/nationworld/world/la-fg-oil26sep26,0,4211827.story?coll=la-story-footer& amp;track=morenews

I'm quite uncomfortable with posts that appear to suggest a racial conspiracy theory. It's one thing to criticize the actions of a specific government (eg Israel), or a specific individual (eg Richard Perle), but your discussion borders on anti-semitism Wadosy. It's relevance to Peak Oil also appears pretty tangential. I would encourage you to stay focused on peak oil issues and to avoid phrases like "Israeli Russian" and "Israeli American" and causal theories that suggest that anyone with any connection, racial or financial, to Israel must be acting as a single conspiracy. In the past, conspiracy theories about Jews have been used to justify large-scale genocide, and are thus understandably too sensitive to too many people.
Wadosy's comments are anti-semitic and speculative. What is an "Israeli russian" except a way not to say Jew. And to start a point with "there's a theory floating around" is not in keeping with the quality of analysis usually found on this site. Stick with the facts.
Obviously the fact that Saudi Arabia has a nationalized oil industry is not an issue for this russophobic clown.  Shouldn't the USA be invading Saudi Arabia to "privatize" its oil industry?  How about Mexico?

The lunatics have taken over the asylum.  If there are so many alternatives to oil on the horizon, why the war mongering insanity?  Really, who cares who owns Russian, Saudi or Mexican oil?