Posted on 05/21/2015 8:49:50 AM PDT by bestintxas
Few things scare Vladimir Putin, the Russian head of state who routinely poses with his shirt off, flies airplanes to douse the fires threatening the lives of millions of Russians, shoots Siberian tigers with tranquilizer guns, and still finds time to steal Super Bowl rings. However, there is one thing the leader of Russia, an 8th degree black belt, actually fears: hydraulic fracturing. This technology, also known as “fracking,” has revolutionized the way oil and natural gas are produced in the United States, which is likely why Putin has gone to great lengths to discredit this new technology and attempted to prevent it from spreading to other parts of the world.
Putin’s fear of fracking, from a purely logical standpoint, makes perfect sense. Russia is a petro-state, a nation dependent on the sale of oil and natural gas to keep its government, and economy, afloat.
According to the Energy Information Administration, 50 percent of Russia’s federal budget revenue in 2013 came from mineral extraction taxes and export customs duties on oil and natural gas, and the prospect of low oil and natural gas prices for the foreseeable future threatens to push the Russian economy into a recession.
Fracking has transformed the United States into the largest producer of oil and natural gas in the world, nearly doubling U.S. crude production since 2008. Other nations, such as Poland, have sought to replicate this success, and if fracking were to spread to European nations such as Bulgaria, France, Germany, and Ukraine, Russia would see its largest markets for natural gas exports disappear.ment
(Excerpt) Read more at spectator.org ...
Ping.
Logical move for Putin considering just about all of Russia’s foreign earnings come from oil and gas. He doesn’t want his gravy train grinding to a halt.
Yes how can he sell us his petroleum products when we are producing our own.
The KGB has always supported the International left, and environmentalists and antis.
During the 1980s and Reagan, the environmental movements were one of their biggest tools against us in NATO.
Hard to make a profit when others produce oil too - he’s not turning Green so much as he’s proving that the tyrants of the world are all Dems at heart.
Translation: We don’t want the competition.
http://www.unc.edu/depts/diplomat/item/2014/0105/op/op02smith_frac.html
Once again, our innovation rocks the world.
As long as we our allowed to innovate, we will remain the lone superpower if we manage properly.
What that is, is a work in progress. Example: leaving dictators in power may be preferable to the feel good “peoples” revolution, if the result is Islamic extremism.
Oh come now with your conspiracy theories. You don’t think that the Russians, Chicoms and Saudis would finance the American environmental lobby because it serves their national interests, do you? Everyone knows the Sierra Club, Environmental Defense Council and all those other tree-hugger clubs get all their money from grandma who sent them $20 because she saw a photo of a sad-looking polar bear in an ad in her National Geographic magazine. That’s more than enough to hire armies of well-paid D.C lobbyists and trial lawyers, right?
(a view of the tagline is optional)
Of course the Clintons set some high quality coal deposits here in the US off limits, to benefit their Indonesian benefactors.
This is especially hilarious given that some areas of Russia are absolutely toxic to any form of life beyond bacteria, and will be so for hundreds to tens of thousands of years. One of the theories on why life expectancy in the former USSR is so short is that it is caused by industrial pollution.
The mining/production operation that produces a good part of the world’s platinum and palladium over there (for those green catalytic converters) also produces about 1% of the entire planet’s sulfur dioxide emissions.
Putin fears fracking in other countries because it keeps the price of oil below profitability for Russian oil.
Ok Putin, we will stop fracking. We don’t want you to be upset.
Thanks for that information. Post such as that are the reason why I ping you to these discussions.
Putin a greenie about exploration in Russia??? Laughable...do an image search on Russian oil fields and look how badly they’re despoiled in multiple ways.
Yup, our watermelon friends are just scraping along on their cookie and cake sales. And our Government royals just want what is best for the people and Nation... They'd turn away a bribe in a heartbeat, if they thought for a second it would set our Nation back...even a smidgen.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.