SEARCH BLOG: ENERGY
"Energy ministers from 12 of the world’s leading exporters of natural gas met in Moscow on Tuesday to create a producers’ group that consumers fear could develop into an Opec-style cartel.
Vladimir Putin, the Russian prime minister, who chaired the meeting, warned that the era of “cheap gas” was coming to an end, and said members of the group would co-operate to make the gas market “predictable”."
... and from earlier this year....and from much earlier....
Thursday, August 21, 2008
The Real Russian Threat To Europe
"That is the real nature of the Russian threat. They can control oil out of Georgia and they can simply wait until November and announce that they have no interest in honoring their oil and natural gas commitments to Europe unless certain "understandings" are made. And that understanding is simple: the Russian bear is to be treated like the Alpha Dog... and you give the Alpha Dog what it wants."
"What Mr. Peterson has done is outline the impact of the anti-energy political elements in the U.S. and the economic danger in which those elements have placed the U.S. He is proposing action that, if taken today, may lessen that danger in 10 years... not today since that opportunity passed 10 years ago.The present over-correction of oil and natural gas prices doesn't change the long-term issues. Imagine a harsh winter like this and fuel prices like this summer. Not nice to image, but it's in the cards without a rational approach to energy.
While wind farms may sound wonderful, the reality is that with the U.S. population growing by millions each year [joining the millions who sneak into the country], we cannot afford to place our future in the hands of "if-come" technology... not when proven technology and proven resources are awaiting our use."
Ten years from now, people may well be asking, "What the hell were we thinking ten years ago?"