Fedun: Medvedev’s the most liberal of the existing policymakers, and he has deep expertise in the oil and gas industry. The Russian oil industry has reached peak production and requires a lot of investment. That means support from the government is required.

Gotta love a billionaire who's angling for more government support. If only we were all so needy.

The story from western media outlets is that there is not enough investment in oil field development in Russia and other countries were western corporations don't rule the oil industry. Fedun is just repeating the propaganda. Investment will not create oil that is not there.