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Europe Needs A New Source Of Oil And Gas, Fast
Submitted by Claude Salhani via OilPrice.com,
Summer is over and many Europeans may have to keep warm this coming winter by thinking about their summer holidays while wrapped in blankets, praying for a short winter or for the world to come to its senses. It both cases, they may well be disappointed.
The never-ending conflicts in the Middle East, mayhem in Libya, uncertainty in the Gulf and a war in Ukraine are all going to take a toll on the energy supplies this winter.
Russia sold 86 billion cubic meters of gas last year, all of which passed through Ukraine. Given what’s happening there now, it is highly unlikely that the Russians would allow their gas to transit a country they are (unofficially) at war with. Just as it is unlikely that Ukrainians would allow Russian gas access through its territory.
Result? Many cold Europeans, many angry Europeans and many very pissed off Europeans. Many Europeans will have to make do without enough gas to heat homes, offices and factories. That’s a bad prospect in northern European countries, where winter is no laughing matter. Winter defeated the armies of both Napoleon and Hitler.
And what does history tell us about cold, angry, pissed-off Europeans? Well, whenever two opposing camps got cold, angry and pissed off enough at each other in the past, they typically went to war.
War in Europe? In our time?
It’s not impossible. If current trends continue, it is not at all impossible. Here’s why:
1. Mounting tension between Russia and the West over Ukraine -- a situation that is very likely to worsen as the United States and European Union tighten sanctions on Moscow.
2. NATO forces edging dangerously close to Russian forces.
3. The spread of the violence and reach of the Islamic State. Besides the havoc they are creating in the region, there is the added threat of hundreds, if not thousands, of their supporters who have learned how to fight in Syria and Iraq returning to their home countries in Europe.
4. Turkey, which in recent years has played a stabilizing role in the region, is moving today in a different direction that could well lead to a new point of conflict. From jumping head first into the Middle East conundrum under former prime minister and now President Recep Tayyip Erdogan, the country’s new prime minister, Ahmet Davutoglu, started off by possibly igniting a new fight when he announced -- much to the pleasure of Azerbaijan, and certainly to the dismay of Armenia -- that “the liberation of occupied Azerbaijani lands would be a strategic goal for Turkey.”
These remarks refer to the conflict between Armenia and Azerbaijan over Nagorno-Karabakh and outlying areas that have been occupied by Armenia since a violent conflagration around the time of the break-up of the Soviet Union. Armenians and Azerbaijani troops have been engaging in exchanges of fire on a daily basis over the past few months.
5: Mounting tension between Iran and Israel, and between Iran and an unnamed former Soviet republic in the region that Iran says allowed Israel to launch a drone from its territory to spy on Iran. Tehran has promised a stern response. The country in question is thought to be Azerbaijan, Armenia or Turkmenistan.
6. Continued mayhem in Libya, where the political turmoil is affecting the flow of oil and gas to Europe.
7. The continued state of unrest in Israel/Gaza and the surrounding area.
All these points of conflict are complicating Europe’s search for more reliable sources of energy. Europe is hoping to solve its gas shortage problems by purchasing Azerbaijani gas, but it’s unrealistic to depend only on Azerbaijani gas, since Europeans would be at the mercy of interruptions to gas and oil flows from this South Caucasus country.
What Europe desperately needs is a source of energy that with not be interrupted by conflict or politics, that can be delivered via pipeline or by sea, but will not need to transit through sea lanes in areas of conflict.
And although EU Energy Commissioner Guenther Oettinger said last week that he is not worried about gas supplies from Russia via Ukraine, that show of confidence did not stop him from going to Moscow to plead Europe’s case with the Russians.
So where does that leave the Europeans other than out in the cold? Trend energy analyst Vagif Sharifov believes the new bonanza of natural gas lies in the Arctic, where more than 1,500 trillion cubic feet of natural gas can be found.
But polar drilling comes with a high cost and huge challenges. Europe might need to keep looking.
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Foment a war with Russia just as what happened with the Boers when gold was discovered on their land. The usual City cabal and the Oppenheimers were behind that too.
Uh, oh,,,give a German a gun and he heads to France,,,,oh, wait, France has nukes this time?
Europe has with Russia the most reliable source of gas already.
I think what Europe needs is to liberate itself from the influence of the City of London and New York and throw USrael out.
Exactly!
Bingo!! Free drinks for you tonight.
Not likely, same owners!!
we will throw the ukraine under the bus if it gets to cold.
noone is willig to go to war over the ukraine.
Dear Europeans,
Warm your homes with furniture, this winter.
yours,
Vladimir.
Ahaha! Stop messing around with Russia, you EU morons. Napoleon, Hitler and these mentally-challenged scumbags still haven't learnt.
"Well, whenever two opposing camps got cold, angry and pissed off enough at each other in the past, they typically went to war."
We'll burn the Brussel's EU headquaters furniture to keep warm, if need be. No way we European people are going to support a war with the Russians. What do you think we are, mad?
Let Rasmussen, Tusk, Obama, Merkel, Hollande, Cameron, Van Rompuy, Poroshenko et al go on their own.
By foot.
In November.
From what I can see the ordinary European man in the street has no appetite for a trumped up war with Russia despite the MSM being fully supportive. (I hardly needed to add that, did I?)
Is someone attempting to promote fracking on European mainland ( pushing to pass the TTIP) and/or greater fracking in north america and canada and sales to europe ?
If the USA and UK did NOT promote the world crisis in areas from where resources origiate or through where they pass in transit then we could get gas and oil to europe quite well from the present sources, just that USA/UK would not retain previous degree of control of the market.
WHY do USA/UK and allies promote the conflict ? well we know don't we.
Europe has plenty of gas reserves... if they were willing to frack for them, but they are not willing to.
The new red... green, is in the way. If they freeze it is a problem of their own making. Believing in a fiction, (anthropogenic climate change) that is clearly a scam is just plain stupid. Putting your fate in the hands of someone who wants to eat you is suicidal.
Henny Penny went to Foxy woxy because the sky was falling. How did that work out for her? How do you suppose it will work out for the Henny Penny's in Europe?
Fracking is not an answer to reduction in dependency on 'fossil' fuels and is not a clean energy source. You want you fracking you can have your fracking, in your own backyard and all the pollution which goes with it.
As to the "new red" being green, my understanding has been, for more than forty years, that 'red' in the usa was the color associated with the Republican political party (?)
What evidence do you cite for your claims of pollution? Nothing but your religous faith. What it does use is clean, fresh water which we might need at some point. That point, however, lies off into the future, so for the moment lets frac away.
P.S. Assigned the color red to the GOP was a symbol of the ascendancy of the left in the media. It was essentially grinding the right's nose in dog shit, because they could.
". . . religious faith" ?
Regarding the polution of fracking, the evidence is there for those that do due dilligence, I've done mine and so have others who oppose fracking on mainland europe. If i am to spend time debating the matter i will, with whom and where it matters and makes a difference. :-)
Secret evidence, so exciting! You are why I come to ZH.
Nothing secret, publically and freeely available for those who go look for iit.
Thank you for your humor.
Oh no, thank you. You're quickly becoming one of my ZH favorites. If you say something about radiation cannons, or mossad agents, or mossad agents with radiation cannons I may explode.
You'll have to go that route by yourself, or find another source with whom to provoke the intented discourse. I'm staying on topic here if am to continue, which I'm not .becasue it's late here, good bye. :-)
Turn out the lights the game's over and still not a single link to support your claim. Say your prayers to Gaia and maybe she'll grant you a mild winter.
Exactly. Destroy the water tables and it doesn't matter how warm you are. No more precious resource on the planet than water. Ask California. Course if they hadn't ginned up the population with foreigners to create mexifornia, there'd be lots more water. Roll the population back to the 20 million it would naturally be at and all would be fine.
Read yesterday that 10-15% of the "working" population is illegals. That would mean that at least 4-6 million illegals are in California. Add the rest of the US and those numbers climb so Oboma's 5 million he wants to "pen legalize" (ah the joy of being dictator!) is just a fraction of losing your country, your children's country, and their future.
But hey have a glass of wine and pat yourself on the back for being "compassionate." AkA "white genocide."
You just hit the nail squarely on the head!!!
You just hit the nail squarely on the head!!!
Frackin for gas is like fightin for peace or fuckin for virginity etc...
That's in the top running for the dumbest thing I've ever read here. You cant get those other things like fucking for virginiity because the one thing voids the other from existence, but even it's critics admit that fracing works. They either claim it pollutes, without any evidence, or claim that it's nothing but a flash in the pan, but they don't attempt to deny the evidence. I love this nut house! It's like a demented adult version of "Kids say the darndest things", except replace kids with nuts.
The voices in my head may not be real, but they have some good ideas!
It only works to increase costs and debt.
http://srsroccoreport.com/condition-red-fracking-is-destroying-oil-gas-c...
Welcome to the nuthouse.
Posting one rational link doesn't negate the criticism that most commentors here are nuts. Would you like to talk of Mossad agents and radiation cannons?
The alternative pipe is called South Stream and is underway. Bit of a problem in Bulgaria with what looks like US pressure on the EU to stop it. Something about the gas not allowed through a pipe owned by the gas supplier. In this case Gazprom.
Easy solution, sell the pipeline to another Russian company. Then EU would get Russian gas through a pipe avoiding Ukraine by the end of 2015.
Result!
The alternative pipelline is/was to be the "Nabucco ", which is not a Russia gas source pipe line. South Stream is Russian gas source .
https://en.wikipedia.org/wiki/Nabucco_pipeline
There are may other websites relating to Nabucco pipleine and the political "problems" associated with the source and route.
Or have Gazprom own the pipe with through-put from Rosneft (which is increasingly into gas).
I suppose some European regulator could say both Gazprom and Rosneft are state-owned, and therefore the same thing. Nevertheless, they are juridically distinct so perhaps such an approach would fly legally.
War with the West ? There is no West, just occupied territory run by the Minstrel Show out of Washington DC - will what is left of Europe want to pay the price for the Idiocracy American/Israeli Axis schemes ?
My my my...I hear Ronald Regan whispering in my ear, "Don't let Russia build that pipeline..." Ah well, too late. There is no stupidity like those who take "gifts" from the known enemy. Can you say "Trojan Horse?"
And here in the USA, all the corner stores are owned by muslims (hmmm) and the there is no taxi in NY not driven by a muslim but no EEOC anywhere to be found about That discrimination is there?
They'll probably get gas this year and next, after that the pipeline from Russia to China will be up and running and the Europeans can shiver or put sheep in their front yards, learn to shear and card and spin.
Odd how stupid and ignoring of congnitive dissonance people can be when trying to "save" a buck. Imagine that China would like to create ChinaEurope with all their overpopulation much more than they would ChinaAfrica.
Nato and europe want to go to war with russia to hid the fact they dont have the balls to wipe out ISIS
if the Russians take Canada the US doesnt stand a chance
You can't do this. I'm getting ready to leave and you drop this tsunami of stupid, this Grand Canyon of thoughtlessness. You have conspiracy theorist tourette's.
conspiracy theorist tourette's.
LOL, best comment today
The Europeans do not need forests anyway.
Newly motivated customers for Sonatrach...
Summer Is Over (Dusty Springfield):
https://www.youtube.com/watch?v=xbT2hmtT2ME
how many BTUs can one generally get out of a war ?
The better:
3. The spread of the violence and reach of the Islamic State. Besides the havoc they are creating in the region, there is the added threat of hundreds, if not thousands, of their supporters who have learned how to fight in Syria and Iraq returning to their home countries in Europe.
Just where is the money and resources within the NATO camp going to come from to continue this "odyssey" after 13 years of the worst series of global economic recession(s) that made them possible?!!!
Now the worst:
2. NATO forces edging dangerously close to Russian forces.
NATO starts something deliberately again like Beslan and Volgograd and MH-17 the overthrow of Russia's neighbor that has left them with nearly a million refugees, only this time they go too far with convetional force and Russia responds....
The continent of former Pirates , colonists & slave traders needs a karmic retribution.
Maybe the job is in the hands of the drug addicted Homo Obamma.
Who seems have born with a zeal to punish the European DNA who enslaved his ancestors.
Look closely He is making the Europeans Fight with each other , lead them to poverty and maybe later ... reverse slavery eventually.
Imagine a world where European DNA people are serving the African rich --- A dream for Obamma the Homo.
The Lunatic is on the Grass.