Tuesday, March 26, 2013

Fracked gas to heat UK homes by 2018. Is this a major geopolitical shift?


See also, earlier,

Pipeline failure highlights energy insecurity in UK

Big tanker eases UK fuel shortage worries


Cyprus bailout: Kremlin 'could punish Europe' in reprisal for bank levy

We'll have to discuss these linked events in class when students return.

Does this mean that the large new supplies of domestic energy in the US are changing the geopolitical equation? What does in mean for the US ability to project power and prestige that Europe's winter gas woes are (eventually) to be relieved by US supplies? How likely is it that any US Presidential administration or party, Republican or Democrat, will act against fracking in the US, given the geopolitical stakes? What difference does it make that the time horizon is so long for gas delivery planning?

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