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