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Sun Apr 13, 2014, 04:55 PM

US fracking companies & Ukraine [View all]


Why US fracking companies are licking their lips over Ukraine
From climate change to Crimea, the natural gas industry is supreme at exploiting crisis for private gain what I call the shock doctrine

Naomi Klein
The Guardian, Thursday 10 April 2014 14.12 EDT

The way to beat Vladimir Putin is to flood the European market with fracked-in-the-USA natural gas, or so the industry would have us believe. As part of escalating anti-Russian hysteria, two bills have been introduced into the US Congress one in the House of Representatives (H.R. 6), one in the Senate (S. 2083) that attempt to fast-track liquefied natural gas (LNG) exports, all in the name of helping Europe to wean itself from Putin's fossil fuels, and enhancing US national security.

According to Cory Gardner, the Republican congressman who introduced the House bill, "opposing this legislation is like hanging up on a 911 call from our friends and allies". And that might be true as long as your friends and allies work at Chevron and Shell, and the emergency is the need to keep profits up amid dwindling supplies of conventional oil and gas.

<snip>

Or the fact that for years the industry has been selling the message that Americans must accept the risks to their land, water and air that come with hydraulic fracturing (fracking) in order to help their country achieve "energy independence". And now, suddenly and slyly, the goal has been switched to "energy security", which apparently means selling a temporary glut of fracked gas on the world market, thereby creating energy dependencies abroad ...

Much more here: http://www.theguardian.com/commentisfree/2014/apr/10/us-fracking-companies-climate-change-crisis-shock-doctrine

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