See p. 2  80)

 

http://www.csmonitor.com/Commentary/Opinion/2011/1107/Gas-pipeline-...

 

[Russia’s] pipeline obsession distracts from the fact that technology has revolutionized the gas industry in recent years. Cooling down gas into liquefied natural gas (LNG) has made it possible for island nations such as Australia and Trinidad and Tobago to ship the fuel by tanker around the world. As Gazprom learned after the 2008 financial crisis, LNG gives buyers and sellers far greater flexibility to react to market conditions than the rigid, long-term contracts dictating piped gas. The large-scale production of shale gas in North America has further driven down prices.

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Thanks Sesport.  You always come up with interesting articles. 

About half way into this article is a link to an article about Germany giving up nuke power by 2020.  That's in just 9 years!!  They seem to recognize that relying mostly on renewables to fill the gap will be costly in many ways. I am all for renewables, but 9 years seems a very short time.  Of course, if the famous German ingenuity and work ethic kicks in then perhaps they can make it.

 

Germany is making a deal with the Russia to buy gas and there are two pipelines under construction.  One appears to strenghen Gazprom's monopoly.  The other pipeline is transporting shale gas and bypassing Russia's pipe line. (don't you just love the name GAZPROM?)

 

http://www.csmonitor.com/Commentary/the-monitors-view/2011/0602/Ger...

 

There are several articles  on www.oilprice.com of interest to this thread: one concerns the sticker shock Germany faces in replacing nuclear with renewables and the other is an article in which the U.S. Government confirms the link between earthquakes and hydraulic fracturing, the most recent example being the one in Oklahoma.

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