EU must respond to the shale revolution
Shale gas is not a game-changer for the UK, says BP
Shale gas is unlikely to be a “game-changer” for the UK over the next two decades, energy giant BP said, as it warned that Europe would become increasingly dependent on imported gas.
BP’s report found that the EU’s production of shale gas might reach only 2.4bn cubic feet per day (bcfd) by 2030 - compared with about 20bcfd in the US currently. European shale gas therefore would not be “enough to offset the rapid decline of conventional gas production”. Europe would see a 48pc increase in net imports over the period.
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9806638/Shale-gas-is-not-a-game-changer-for-the-UK-says-BP.html
BP in secret talks with Gazprom to pipe Russian gas supply to Britain by 2016
http://www.thisismoney.co.uk/money/news/article-2237831/BP-secret-talks-Gazprom-pipe-Russian-gas-supply-Britain.html
BP.. an enemy of the state (UK) ??
--- On Wed, 1/16/13, Fenris fenris@caramail.com> wrote:
From: Fenris fenris@caramail.com>
Subject: Re: [eurorealist] EU must respond to the shale revolution
On 16/01/2013 17:42, brent_ns wrote:
The bloc cannot ignore the dramatic changes in global energy, writes Alan Riley
Far less positively, Europe will become the only big
economic bloc without significant energy resources. The US, India, China and Latin America will all have access to shale, as well as offshore fossil fuels. As the US approaches energy independence, Washington will probably insist Europe invest in its own energy security by taking up part of the burden of protecting the flow of Gulf oil to the west currently provided by the US Navy. http://tinyurl.com/ah44h4r
This is why the Eu will not let the UK go without a fight - They
want our shale gas and intend to get it.
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