It doesn’t take a genius to predict that the Obama Administration will shut down fracking (hydraulic fracturing) on government land and attempt to shut down fracking on private land sometime in the next few months. However, in the meantime the increase in fracking in the United States has had unexpected consequences around the world.
Yesterday the Washington Times reported that other countries are attempting to copy the process of fracking to produce shale gas.
The article reports:
…More than 100 exploration concessions to more than two dozen companies have been awarded, and the Polish State Geological Institute estimates that the country’s shale gas deposits may secure domestic production for at least 25 years. Britain has lifted a moratorium on fracking that was imposed after a previous operation was blamed for sparking an earth tremor.
Argentina, the largest producer of natural gas in South America, is eyeing the practice on a significant scale to better exploit its supply.
Needless to say, the environmentalists do not approve. Think about that for a minute. Fracking provides a path to energy independence for a number of nations around the world. It reduces worldwide dependence on Arab oil and the funding of terrorism. There is no proof that fracking harms the environment; in fact, studies so far have shown that it does not. Cheaper energy provides prosperity for more people and freedom for more people. Why would the environmentalists object to that? Maybe it’s time to examine the agenda behind their agenda.
The article concludes:
Some already are warning that Europe may miss out on a global energy revolution if the green forces on the Continent prevail.
“Some European countries already made the decision not to go into shale gas, so naturally when they do that there will not be development,” Mohamed al-Mady, chief executive of Saudi petrochemical giant Sabic, told the Financial Times newspaper. “I think the trend you will see [is] more investors going to North America, China and the Middle East.”
As in the U.S., Mr. Medlock said, it comes down to “political geography” more than anything else. A ban on fracking in Vermont was relatively easy to achieve because the state is thought to have little in the way of recoverable natural gas.
The same holds true in a country such as France, Mr. Medlock said. For Poland and others, where fracking likely will lead to tangible energy benefits, critics will continue to have a tougher time mounting serious opposition.
This is going to be an interesting fight between those who want freedom and prosperity wherever possible and those who want only control of the population.