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Fracking Fields in Odessa, Texas. (File / plus overlay)
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
Apr 10, 2014
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 fnational 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.
For this ploy to work, it's important not to look too closely at details. Like the fact that much of the gas probably won't make it to Europe - because what the bills allow is for gas to be sold on the world market to any country belonging to the World Trade Organisation.
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.
Read the rest of this article at The Guardian...
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© 2023 The Guardian
Naomi Klein
Naomi Klein is an award-winning journalist and New York Times, bestselling author. She is Senior Correspondent for The Intercept, a Puffin Writing Fellow at Type Media Center, from 2018-2021 she was the inaugural Gloria Steinem Endowed Chair at Rutgers University and the Honorary Professor of Media and Climate at Rutgers. In September 2021, she joined the University of British Columbia as UBC Professor of Climate Justice. Her books include: "No Is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need" (2017), "This Changes Everything: Capitalism vs the Climate" (2015); "The Shock Doctrine: The Rise of Disaster Capitalism" (2008); and "No Logo: Taking Aim at the Brand Bullies" (2009). To read all her writing visit www.naomiklein.org.
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 fnational 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.
For this ploy to work, it's important not to look too closely at details. Like the fact that much of the gas probably won't make it to Europe - because what the bills allow is for gas to be sold on the world market to any country belonging to the World Trade Organisation.
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.
Read the rest of this article at The Guardian...
Naomi Klein
Naomi Klein is an award-winning journalist and New York Times, bestselling author. She is Senior Correspondent for The Intercept, a Puffin Writing Fellow at Type Media Center, from 2018-2021 she was the inaugural Gloria Steinem Endowed Chair at Rutgers University and the Honorary Professor of Media and Climate at Rutgers. In September 2021, she joined the University of British Columbia as UBC Professor of Climate Justice. Her books include: "No Is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need" (2017), "This Changes Everything: Capitalism vs the Climate" (2015); "The Shock Doctrine: The Rise of Disaster Capitalism" (2008); and "No Logo: Taking Aim at the Brand Bullies" (2009). To read all her writing visit www.naomiklein.org.
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 fnational 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.
For this ploy to work, it's important not to look too closely at details. Like the fact that much of the gas probably won't make it to Europe - because what the bills allow is for gas to be sold on the world market to any country belonging to the World Trade Organisation.
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.
Read the rest of this article at The Guardian...
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