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    The Washington Times: TUCKER: New cold war over shale gas

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Summary

Russia risks losing its energy dominance in Europe if the continent can exploit its vast shale gas reserves. As a result it is voicing its 'concerns' over the hydraulic fracturing and the negative impact it could have on the environment. Current political struggles are also delaying the development of the gas trapped in shales.

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The Washington Times: TUCKER: New cold war over shale gas

Russia inflames environmental fears to dominate energy market

We lost Bulgaria. We are likely soon to lose the Czech Republic. We gained Ukraine. Poland has always stood with us. Germany hedges its bets. France definitely is not with us. The United Kingdom probably will side with us. The Baltic States would love to join us if they have the resources. A fierce battle rages over Romania.

The adversary is Russia, a petro-state that projects power through control of the European energy market. President Vladimir Putin’s regime depends on selling hydrocarbons. That pays for the Russian state and for a patronage system that keeps his supporters and backers in clover.  MORE

 

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