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Russian Gas Addiction Problem No Problem for Those Willing to Address It

DRBC fracking ban - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Russian gas addiction is a very real problem for Europe (and soon Boston?) but the solution is no mystery. It’s fracking here, LNG and development of UK gas.

CNN Money has a fascinating story about Russian gas addiction in Europe. It’s a problem that’s come to our shores as well with Russian LNG entering Boston this past winter. What’s most interesting about the CNN Money article is that it ignores the obvious root of the addiction problem and the obvious solution. The problem is failure to develop natural gas resources in Europe (and pipelines to Boston). The solution is a combination of more natural gas development here and in the UK, for instance, and LNG.

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How US Fracking Companies Defeated OPEC with Innovation

DRBC fracking ban - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

U.S. shale gas producers beat OPEC soundly through innovation in hydraulic fracturing and horizontal drilling techniques; a continuing shale revolution.

One of our readers just sent me a wonderful article from a news site called Lima Charlie News. I was not previously aware of the site but it’s one I’m bookmarking due to the quality of this particular post entitled “Fracking, BREXIT and An Oil and Gas Shale Bonanza,” which was authored by Dr. Gary K. Busch. As the title indicates, it’s focused on the UK and the special needs and opportunities representatives by their move to develop their shale resources. It’s worth reading for that alone, but there’s another story within the story and it’s all US fracking innovation and how beat an OPEC determined to lowball price us out of existence as competition.

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It’s Difficult to Reimagine Natural Gas Without Nick Grealy

penneast pipeline - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Our friend, Nick Grealy, a guest blogger here and passionate proselytizer for natural gas around the world has passed away. He sought to “reimagine gas.”

He had recently announced he was confident he’d make it a few more months but then, shortly thereafter, I noticed the tweets had stopped and knew it couldn’t be good. I searched the internet and found an excellent piece by Ruth Marcus at her Drill Or Drop? blog confirming my fears. She captured something special about Nick, you didn’t have to agree with him to respect his passion and his wit. He and I agreed on most things gas and I loved reposting his pieces coming at the issue from a very different perspective than my own, yet ending up in the same place.

We had very different views on pretty much everything else but I gave him two different tours of the gas fields of Northeastern Pennsylvania. While I had followed his No Hot Air blog (a/k/a Reimagine Gas) long before, I came to know his affinity for common facts, the common man and common sense. I took him to the Williams Barbecue three years ago and he loved every minute of it. I had, on a earlier visit, given him a tour of Dimock and he was enthralled with the real story and what he saw that was so different than the myth heard on the other side of the Atlantic. That was Nick Grealy and, with permission, I’m sharing below the Ruth Marcus post acknowledging his contributions.

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If You Value Your Children’s Future, You’ll Support Hydraulic Fracturing

"Environmentalists" - MarkindDaniel B. Markind, Esq.
Weir and Partners, LLP

 

This is one of the most meaningful and most important posts we’ve ever run on the subject of hydraulic fracturing, natural gas development and our security.

Yesterday may have been the most instructive day ever to understand the current international situation involving natural gas.

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The Mystery of Media Yakking on Fracking and Yawns on Yamal

LNG - Nick Grealy ReportsNick Grealy
Administrator of NoHotAir/ReImagineGas Blog

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Why do supposed journalists tell us the only fracking is bad fracking, while they give their silent assent for Russian LNG from Yamal with huge CO2 impacts?

It would be hard to find a natural gas project as cynical as the Yamal project in Siberia.  The basic reason it exists at all is to take advantage of warming seas to open up a sea route to North East Asian LNG markets.  The project has cost $27 billion before producing anything. It surely is using fracking to produce gas of course since that is the new normal today.

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Cuadrilla and UK Shale Already $1 Billion Enterprise?

LNG - Nick Grealy ReportsNick Grealy
Administrator of NoHotAir/ReImagineGas Blog

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Nick Grealy’s math suggests Cuadrilla and the U.K.’s Bowland Shale are already worth a billion dollars before the first yield results are even published.

Opponents of UK onshore gas have consistently said it won’t make any money.  Well here goes that theory.

Cuadrilla Resources is getting closer to getting gas out of the ground each week, and this from Australian Financial Review reveals that a new investor in  AJ Lucas, which owns 45% of Cuadrilla,  sees the Lancashire Bowland as a now being  a billion dollar shale play.

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Natural Gas NOW Picks of the Week – January 6, 2018

natural gas now - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.

Here’s more material sent along by Natural Gas NOW readers; great stuff highlighting the power of natural gas and the absurdity of fractivism. Check out the links and other short bits below:

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The Guardian Makes Yet Another Attack on Fracking, This Time at Home

Green Bank - Tom ShepstoneTom Shepstone
Natural Gas NOW

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The Guardian, a UK newspaper, has long opposed fracking in its reporting, making a victim of Vera Scroggins, for example, but now it’s trashing it at home.

The Guardian is, probably, the UK’s most well-known newspaper outside of that country and certainly here in the US where we’ve become quite accustomed to its biased reporting on fracking. Who can forget how Guardian reporter Suzanne Goldenberg once crowned Vera Scroggins with heroine victim status? She later relented a bit, but the die was cast and the Guardian used Christmas day to launch another attack on fracking at home, which is spectacularly bad manners given the mind-boggling potential of the UK’s Bowland Shale.

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London Local Energy Tells Mayor A Fracking Ban Is Silly

LNG - Nick Grealy ReportsNick Grealy
Administrator of NoHotAir/ReImagineGas Blog

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Nick Grealy, CEO of London Local Energy, shares a letter he wrote to Mayor Sadiq Khan quashing his reasons to ban fracking in London.

People have asked whether this story concerns me:

Sadiq Khan will in effect ban fracking in London – and warns that extracting shale gas represents a toxic health risk.

In a controversial move, the London mayor will set out in plans to be published this week that councils across the capital should block the exploration, appraisal or production of shale gas via hydraulic fracturing, which sees rocks blasted with water to release the gas.

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