Russia falls to last place in SAFE's latest security index

04/21/2014
Russia, which ranked as high as No. 9 in 2005, fell to last place in the most recent quarterly update of the global Oil Security Index (OSI), released by Securing America's Future Energy (SAFE), the nonpartisan organization dedicated to the reduction of US dependence on foreign oil. The OSI measures the oil security of more than a dozen countries around the world based on key indicators, including their structural dependence on oil, their economic exposure to the global oil market, and their capacity to respond to oil supply disruptions, SAFE said. It said Russia dropped to last place during fourth-quarter 2013, partly due to its extreme reliance on oil export revenues and the Russian eco...
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