Keep your eye on the ball,- article 2 Europe’s shale gas backers are living in a fantasy world
Eric Reguly - EUROPEAN BUREAU CHIEF
ROME — The Globe and Mail
Published
Last updated
The Ukraine crisis has come as a godsend to the shale gas cheerleaders in Europe.
Russian natural gas exports to Western and Central Europe, half of which flow through Ukraine, are unreliable, they argue; we need our own gas and – wouldn’t you know it – we’re sitting on an underground ocean of energy. Our policy should be drill, baby, drill and if we turn the continent into a pincushion, we will be energy independent and competitive with the Americans, who have so much gas they’re practically giving it away.
More Related to this Story