This has been percolating for a while in my head, but Justin pins it down:
...the Russophobes have developed an entirely novel theory of political economy, which is an outgrowth of the environmentalist fad and the extreme nationalism of our ruling elites. It is the absurd idea that any and all countries that depend on oil to generate the bulk of their national income are unnatural, inherently flawed, and even intrinsically aggressive and a threat to the security of the West. Oil-producing states are inclined, by their very nature, to authoritarianism, they argue, although somehow I don't think they mean the state of Texas.
The full column is here, and HT2RW.
BTW, in reference to my last LRC article on Russia and Georgia, I got two complimentary emails (meaning they gave compliments, not that they were free) and about 8 accusing me of hating Russia and serving the Elders of Zion. The problem was my line, "I have no doubt that Putin is an evil man who would conquer the world if he had the ability." I would probably say the same of 75% of the mayors in the US. You have to be seriously tightly wound to read my article and come away thinking it was a hit piece on Russia.