• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 55 mins https://www.prageru.com/video/whats-wrong-with-wind-and-solar/
  • 58 mins The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 2 hours Here it is, the actual Complaint filed by Dominion Voting Machines against Sydney Powell
  • 16 hours JACK MA versus Xi Jinping
  • 1 day Tonight Twitter took down Trump's personal account permanently. Trump responded on the POTUS account.
  • 15 hours Researchers Are Harvesting Precious Metals From Industrial Waste
  • 1 hour Minerals, Mining and Industrial Ecology
  • 5 hours Do Republicans like Liz Cheney, Adam Kinzinger, Mitt Romney and now McConnell think voting for Impeachment can save the party ? Without Trump base what is the Republican constituency ? It's over.
  • 2 days CNN's Jake Tapper questions double amputee purple heart recipient GOP Rep's commitment to democracy. Tapper is a disgrace.
  • 2 days A Message from President Donald J. Trump - 5 minutes from The White House directly

Let the Fracking Begin in Europe - Very Cautiously

The European Parliament has rejected a proposal to ban new hydraulic fracturing operations on European Union territory, but while opportunities abound, they won’t be revolutionary just yet.

Europe’s decision was necessary. There was simply too much at stake: Russia’s grip on the market has gotten too strong; EU natural gas production is on the decline; and consumers have not benefited from the US natural gas boom.

Worse, if Europe does not embrace its shale potential, expensive energy could eventually drive energy-intensive industries elsewhere (like the US) and this would spell Europe’s economic doom. Industries in Europe pay on average three times the price for gas as their US counterparts.

While Europe has serious environmental concerns about fracking, it will have to figure out how to address these with the appropriate regulations. The environmental resistance to fracking has led to an increase in European imports of polluting coal from the US to fill in the energy gap. In the end, the anti-fracking campaign is doing nothing for the environment—in fact, it may be harming it with the uptick in coal use.

Still, the 27 member countries of the EU can take their own decisions on how to proceed with their shale reserves—and while some are on board, others are under no small amount of political pressure to bow to environmental concerns.

There will be a number of complications for those who would like to see…




Oilprice - The No. 1 Source for Oil & Energy News