The natural resource sector has become a dominant part of the Russian economy and thus affected the political developments of the state greatly. Understanding of the interplay of Russian politics and economics after the fall of the Soviet Union is integral for understanding why Russia has developed steadily into a more autocratic direction during the past few decades. The phenomenon through which we will be analyzing the intertwining of political and economic spheres of Russia is the natural resource curse concept. We seek to understand what factors have contributed to Russia’s failure to avoid the natural resource curse and give examples on how the natural resource curse manifests itself especially in today’s Russia political reality. Does the abundance of natural resources contribute to the emergence of a hyper-presidential, autocratic regime in Russia?