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130514-Hunter-Biden-McCainJoe Biden (L)  John McCain (C) Joe Hunter Biden (R)

For those of us who recognise both that the Oligarchy is firmly in bed with Big Oil, and that the root of America’s difficulties with the whole Russia/Crimea/Ukraine and America problem is down to good old fashioned petro-dollars, need look no further than here.

The youngest son of U.S. Vice President Joe Biden, Hunter Biden, has been appointed head of legal affairs at Ukraine’s largest private gas producer — a move The Moscow Times tells us with a straight face would benefit Ukrainians and the country’s economy.

We saw earlier in John Helmer’s article which I used here how much American oil interests are bound up in this whole Ukrainian business.

As The Moscow Times said : “In a statement published this Monday on its website, Burisma Holdings announced Hunter Biden would join its board of directors and head the company’s legal unit.  “As a new member of the board, I believe that my assistance in consulting the company on matters of transparency, corporate governance and responsibility, international expansion and other priorities will contribute to the economy and benefit the people of Ukraine,” Feet nicely under the table, Hunter Biden said in the statement. Transparency! He used the word with no hint of irony.

Burisma owns several Ukrainian oil and gas companies, including Esko Pivnich and Pari, Lenta.ru reported Tuesday in Moscow Times. The company also has assets in Ukraine’s Dnepr-Donetsk, the Carpathian and the Azov-Kuvan basins.  Burisma produced 11,600 barrels of oil equivalent, or boe, in 2013 and was planning to increase its production in Ukraine by 35-40 percent in 2014, U.S. financier and member of the board of directors Devon Archer told newspaper Capital in late April.”

Hunter’s father, Joe Biden in his capacity as U.S. Vice President, has repeatedly rebuked Russia for its reported involvement in Ukraine and has pledged to support efforts to reduce its dependency on Russian energy. So no conflicts of family business interest there then.

And of course young Hunter got there entirely without help didn’t he.

Copyright David Macadam 2014

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