Two decades after the end of the Soviet Union, the legacy of Soviet-era oil assets is beginning to run down. The next generation of Russian oil will be more demanding and higher-cost. This has serious implications for the Russian state, which depends on oil revenues as never before. Is there a crisis ahead, or will higher global prices, arctic offshore, and/or US-style ‘tight oil’ come to the rescue? Thane Gustafson is Professor of Government at Georgetown University and IHS Senior Director for Eurasian Energy. Co-sponsored with the Center on Global Energy Policy, School of International & Public Affairs. WHEEL OF FORTUNE: THE BATTLE FOR OIL AND POWER IN RUSSIA (Harvard University Press, October 2012). Electronic books are available for Kindle, Nook, Sony Reader, Kobo, Google, and in PDF. Watch the video trailer at the link below. Link to website