Here’s a WSJ OpEd on the role Europe played on rearming Russia: How to Beat Putin With Natural Gas
America and its allies can wean Europe off its dependence on energy imported from Russia.
OTFoolish
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It will never be enough for the WSJ Editorial Page.
The simple fact is that US natural gas production has almost doubled since 2000. There is simply no way we could come close to supplying Europe’s dependence on Russian oil; there aren’t enough tankers on the planet. To put the most obvious problem in print: there are not and will never be pipelines to carry product between the US and Europe.
I note that it’s Texas and Florida which have most recently banned fracking to increase gas output. Those are hardly liberal enclaves of environment whoopee, so maybe Abbott and DeSantis have their reasons for doing so? Perhaps they are the same that brought Kansas and later Oklahoma to the conclusion that fracking wasn’t good for them after suffering a tripling of the frequency and intensity of earthquakes.
How about a crash program in solar, wind, and yes, nuclear to put Europe on a path to self sufficiency rather than allow Russia to determine the energy future of another continent?
Wouldn’t that make more sense?
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How about a crash program in solar, wind, and yes, nuclear to put Europe on a path to self sufficiency rather than allow Russia to determine the energy future of another continent?
Wouldn’t there need to be a crash program to get more EVs built as well?
Meanwhile, Germany seems to be doing everything they can to delay to Tesla factory opening.
I’m guessing, but probably many people on this board have lost more in investments recently than the cost differential in buying an EV and installing solar panels.
Mike
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The WSJ wants me to pay them to hear an opinion… Nah, that’s foolish.
As to German red tape… YIKES! It took over 15 minutes to break a 50 € bill at a bank in Berlin. I had to show a passport and they typed in lots of stuff into a computer…
The Captain
opinions are like navels, everyone has one
Sorry, you can only recommend a post to the Best of once.
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The simple fact is that US natural gas production has almost doubled since 2000. There is simply no way we could come close to supplying Europe’s dependence on Russian oil; there aren’t enough tankers on the planet. To put the most obvious problem in print: there are not and will never be pipelines to carry product between the US and Europe.
True.
However a source of LNG that is much closer to Germany than Texas might help … if the darn thing can get built. Germany at one point offered to help with funding but the numbers still weren’t good enough to get an approval to start building. The company (Pieridae PEA.to) is a very large producer of Nat Gas but of course getting it to the East coast will require a lot of new infrastructure?
The stock jumped nearly 10% today but from a very low level.
https://www.bnnbloomberg.ca/feds-seek-to-fast-track-lng-proj…
COMMODITIES 7h ago
Feds seek to fast-track LNG project amid Ukraine attack: Pieridae CEO
Michelle Zadikian, BNN Bloomberg
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. . .and DeSantis have their reasons for doing so? Perhaps . . .
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Perhaps you’ve heard of Sink Holes in FLA. I’m petty sure DeSantis has.
sunray
a man in FLA
p.s. Wasn’t that a [D.C.] Democrat that said: “All politics is Local.”?
I note that it’s Texas and Florida which have most recently banned fracking to increase gas output.
Do you have a source for this?
All I can find are legislation to prevent local governments from banning fracking.
Florida: https://www.miamiherald.com/news/local/environment/article25…
Texas is a bit late in trying to stop fracking as it has been used in oil and gas production for decades in Texas and Louisiana. When I worked for Halliburton it was used on many older wells to restart flow as production fell off with age. As for Florida it has been already used out in the Gulf for the same purpose.
OtFoolish
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