Thursday, April 12, 2007

Russian Media Admits Huge Mistake Selling Alaska To U.S.

This seems to be the season for mistakes and regrets, and the Russian media outlet, PRAVDA ran a feature today claiming what a huge mistake the 1867 sale of Alaska to the U.S. for $7.2 million dollars was.

Looking back always seems easy. Russia would certainly enjoy the oil revenues from this area, although oil from Alaska suffers from seriously high levels of benzene contamination compared to most other oil from the world.