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An Anarchist and Autonomous Community-Based Resource Center in Muntinlupa City (Manila south), Philippines

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

by Naomi Klein

fracked

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 ƒnational 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.

http://www.commondreams.org/view/2014/04/10-7

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This entry was posted on April 11, 2014 by .
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