Updated April 1, 2008

For the last eight years, 2000 through 2007, Russia has yielded additional $475 billion due to high oil prices, 72% of which has received on the budgetary system.

According to the vice prime minister and the minister for finance of the Russian Federation Alexey Kudrin, the average oil price in 2000 was forecasted at the previous decade level – $20 a barrel.

"Since then the oil price growth allowed to receive $475 billion in addition from 2000 to 2007, and $340 billion of which, or 72%, received on the budgetary system", Kudrin said.

As it has been reported, oil prices (as of April, 1) are not stable and continue to fall. In May the WTI oil barrel with delivery became cheaper by $4,04 up to $101,58 in New York. In London at the ICE stock exchange the Brent mark oil went down in price by $3,47 up to $100,33 a barrel.