Ukraine agrees to host NATO war games

[happyslug]

39. That is what the Ukraine will get anyway, Russia holds their source of energy

And as long as the Ukraine is dependent on Russia for Energy, the only sovereignty they will have is what Russia gives them (and why support for war with Russia is big among US elites, but lukewarm at best among our fellow NATO allies).

A good example of this is the US and Saudi Arabia. Does the US protest when the House of Saud Executes someone? Does the US protest Saudi Arabian support for Pakistan and the Taliban? No, why? That is OUR source of energy.

And if you believe the US will be self sufficient by 2017, you would be correct, the US is headed for self sufficiency by 2017 do to fracking, and returning to being heavily dependent on Arabia oil by 2020. The "Tight" oil fields have a life span of less then five years, with most of the oil gone within 18 months of any wells be drilled. The sheer level of drilling will increase US oil output over the next 2-3 years, but by then the US will hit a wall, as every well previously drilled drops in production, the new wells being drill will bring in less and less oil. i.e. more and more wells will be drilled, but each new well will bring in less oil then older wells did when they were first drilled AND the oil produced from such existing wells will decline rapidly.

Yes, Fracking is a bubble, but unlike economic bubbles this one is known and predictable.

For more on Fracking and the Fracking bubble:

http://shalebubble.org/

http://www.businessweek.com/articles/2013-10-10/u-dot-s-dot-shale-oil-boom-may-not-last-as-fracking-wells-lack-staying-power