Jump to content
House Price Crash Forum
Sign in to follow this  
crashmonitor

European Energy Security Crisis?

Recommended Posts

http://www.theguardian.com/world/2014/jun/16/russia-cuts-off-gas-supply-Ukraine

Seems to me that things are getting fairly serious......ISIS at the gates of Baghdad with a clear run to the oil fields thereafter. Potential for chaos in the wider region.

But closer to home Russia having cut off supplies to the Ukraine and in turn the Ukraine terrorists sabotaging the pipelines that feed Europe.

All well and good listening to RT propaganda about fracking in this country but it shows where Russia is concerned we have zero energy security from a despotic state.

I'm surprised that both gold and oil haven't reacted more strongly to the risks that have developed in the last week

Share this post


Link to post
Share on other sites

Time to fix your gas price for the forthcoming winter !!!

The problem is, this is how Economists seem to think..

If a person freezes to death in their home, it's because they made a rational decision not to pay for heating. We can't possibly interfere, because that would mean admitting a market failure, which is defined as impossible.

Share this post


Link to post
Share on other sites

http://www.theguardian.com/world/2014/jun/16/russia-cuts-off-gas-supply-Ukraine

Seems to me that things are getting fairly serious......ISIS at the gates of Baghdad with a clear run to the oil fields thereafter. Potential for chaos in the wider region.

But closer to home Russia having cut off supplies to the Ukraine and in turn the Ukraine terrorists sabotaging the pipelines that feed Europe.

All well and good listening to RT propaganda about fracking in this country but it shows where Russia is concerned we have zero energy security from a despotic state.

I'm surprised that both gold and oil haven't reacted more strongly to the risks that have developed in the last week

Don't worry we have a couple of coal mines left,

Ho forgot they are closing those. :lol:

Share this post


Link to post
Share on other sites

On one hand this might not be a bad thing. It will hopefully force the UK and Europe to take fracking seriously. Northern Europe has pretty decent shale gas reserves and because of this Estonia is supposedly now no longer dependent on Russian gas.

Share this post


Link to post
Share on other sites

Here we go. Russia behind anti fracking campaign:

http://www.telegraph.co.uk/earth/energy/fracking/10911942/Russia-in-secret-plot-against-fracking-Nato-chief-says.html

Russia is secretly working with environmental groups campaigning against fracking in an attempt to maintain Europe's dependence on energy imports from Moscow, the secretary-general of Nato has said.

Share this post


Link to post
Share on other sites

Here we go. Russia behind anti fracking campaign:

http://www.telegraph.co.uk/earth/energy/fracking/10911942/Russia-in-secret-plot-against-fracking-Nato-chief-says.html

Russia is secretly working with environmental groups campaigning against fracking in an attempt to maintain Europe's dependence on energy imports from Moscow, the secretary-general of Nato has said.

I think Russia have made a major error cutting supplies to the Ukraine. There is provocation in the form of Ukraine trying to pay at sub market rates. However, surety of supply is everything in the modern world. Europe needs to seek alternative sources and it needs to do so quickly. Although we get our supply from Norway, a pipeline turn off will be devastating to wholesale prices.

We have got hundreds of years of supplies underneath us but the Green party would sooner we freeze than try and extract it.

Share this post


Link to post
Share on other sites

Here we go. Russia behind anti fracking campaign:

http://www.telegraph.co.uk/earth/energy/fracking/10911942/Russia-in-secret-plot-against-fracking-Nato-chief-says.html

Russia is secretly working with environmental groups campaigning against fracking in an attempt to maintain Europe's dependence on energy imports from Moscow, the secretary-general of Nato has said.

lol. Such nonsense it almost beggars belief that someone would say it in public.

There are enough legitimate scientific reports and concerns about fracking to be going on with.

Share this post


Link to post
Share on other sites

lol. Such nonsense it almost beggars belief that someone would say it in public.

There are enough legitimate scientific reports and concerns about fracking to be going on with.

It would be nice to actually see some. Given that separating legitimate concerns out from a tidal wave of butts**t scaremongering can prove tricky at times.

(Note: YouTube videos are not scientific reports. )

Share this post


Link to post
Share on other sites

I think Russia have made a major error cutting supplies to the Ukraine. There is provocation in the form of Ukraine trying to pay at sub market rates. However, surety of supply is everything in the modern world. Europe needs to seek alternative sources and it needs to do so quickly. Although we get our supply from Norway, a pipeline turn off will be devastating to wholesale prices.

We have got hundreds of years of supplies underneath us but the Green party would sooner we freeze than try and extract it.

Umm, no.

Possible useful contribution for a transition period, yes, if done carefully, but with the proviso that no commercial well has been drilled yet in this country.

If you want cheap and secure for the 100+year timescale, then it's breeder reactors (Uranium and/or Thorium based) plus or minus solar and wind contributions. That's the physical reality, annoying as many people seem to find it.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   206 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.