Europe Hesitates on Shale Gas Revolution
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  • You would almost think the opposition to fracking in Europe is being organized and paid by Gazprom and the Russian FSB.

  • Anthony

    Being nimble is an important advantage, yes; but comparables are not aleays justifiable – “Fears that it could contaminate ground water….Another big obstacle is property rights….Beyond that, there is the argument that Europe is just to densely populated for intensive shale gas production.” Essentially, new energy revolution may require different calculations conditioned by more than technological capability in other parts of globe (in this case Europe).

  • Yet another -ism cult from europe to add to the list:

    Luddism
    Malthusian-ism
    Communism
    Fascism
    NAZI-ism

    You know what you call an intelligent, entrepreneurial, forward-thinking european who believes in the future enough to have kids? An American Conservative – (s)he already moved here to get away from the herd-think Luddism of europe (and is, for the same reasons, NOT an American Democrat/Prog).

  • Kenny

    Natural gas prices are falling in the U.S. for two reasons:

    First, as Mr. Mead noted, is property rights. The shale gas/oil boom would not have gotten off the ground if developers had to get the bureaucrats to approve drilling in government land.

    Second — free enterprise. Fracking & horizontail drilling were basically developed and brought to fruitation by the private sector.

    When you take these two factors into consideration and compare them with Europe, it is easy to see why anyone with any get-up-and-go got-up and went out of Europe in the 19 Century.

  • Anthony

    Correction @2: 2nd sentence should read: … not always justifiable….

  • Gene

    I fully support European governments’ continual, yeoman-like efforts to reduce their standards of living via ideology-driven financial and energy policies. Keep up the good work, guys!

  • Evan Seitchik

    That a country like France could ban fracking based on fears and speculation is genuinely surprising and disappointing. Any reasonable and, perhaps more importantly, open minded person who has done even 10 hours of research on the subject could tell you that the environmental impact of fracking comes entirely from poorly stored and transported fracking fluid and the improper disposal of byproducts along with defective concrete well casings and tops.

    The emphasis on “poluted groundwater” from the actual injection of fracking fluids underground (compelling evidence for which would justify a ban) reflects a total lack of understanding of both the issue and basic geology.

    It’s true that we need more regulation of fracking in order to make it safer, but an outright ban is ludicrous. The saftey changes necessary are easy and inexpensive and even as is, fracking is less environmentally destructive than coal mining or drilling with fewer risks of catastrophe.

  • Glen

    Further confirmation that Europe is old and dying.

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