The bad boys of oil

Most of the world's new production is expected to come from just a few nations. That could spell big trouble for Big Oil and consumers alike.

Russia
Russia
The nation has the biggest reserves of natural gas worldwide and the eighth largest oil reserves. Those reserves, however, are matched by an equal degree of skepticism about the central government from Big Oil companies and investors around the world.

Many of Russia's big, state-controlled energy companies are run by former members of the secret police. Their willingness to use energy as a weapon was made clear this past winter and the winter before, when natural gas supplies were cut off after disputes with countries whose pipelines carry gas to Europe.

Intimidation is rampant, as evidenced by the jailing of a former Yukos boss who was an outspoken critic of President Vladimir Putin.

And bullying or the threat of the same was reportedly one reason why Royal Dutch Shell recently sold its controlling interest in a massive energy project in Russia's Far East to the gas monopoly Gazprom.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.