Posted on 02/25/2015 10:12:21 AM PST by bananaman22
Are the Russians coming to Texas riding the tailwinds of fracking? That depends on who you ask, as some believe Russian forces were behind the anti-fracking vote in Denton, while a $15 million investment in new Texas fracking technology by Roman Abramovich perhaps tells another story.
When the anti-fracking campaign started to heat up late last year in Denton, Texas—the heart of the shale revolution—conspiracy theories were spread from within the pro-fracking community that the Russians were behind the whole thing. The logic was that the American shale revolution threatened Russia’s market share.
Yet just months after a successful vote to ban fracking in Denton, Russian billionaire Roman Abramovich has invested $15 million in Houston-based Propell Technologies Group, Inc. and its new fracking technology
Full article here: http://oilprice.com/Energy/Crude-Oil/Roman-Abramovich-Invests-15M-in-New-US-Fracking-Technology.html
(Excerpt) Read more at oilprice.com ...
Maybe I’ll start rooting for Chelsea now.
If these lefties will ever allow him to make use of it. They’e opposed to consumer choice, energy independence, and national security.
Anti-Putin revenge, I think, partly.
Didn’t pootie throw him in prison for a long time, for nothing?
Claiming this technology as a hydraulic fracturing replacement, with no discussion of proppant either shows the author’s ignorance, or his expectation of the reader’s ignorance.
What, they can’t Frack in Russia? Of course they can.
They can and do.
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