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Page added on February 20, 2012
Natural-Gas Glut Could Bypass Europe
A major transformation of the global market for natural gas is under way. Fresh international supply routes are being drawn, new exporters are emerging and established trade patterns are being turned on their heads.
Yet Europe, the world’s second-largest natural-gas market behind the U.S., stands apart from much of this change. It looks likely that new sources of internationally traded natural gas will be largely gobbled up by Asia, leaving both the U.K. and Europe stuck in their codependency with Russia.
The last few years have been good for natural gas, as reserves and production have grown steadily.
6 Comments on "Natural-Gas Glut Could Bypass Europe"
Anvil on Mon, 20th Feb 2012 3:34 am
gult in a world with 7 billon to you read me
fiction
BillT on Mon, 20th Feb 2012 3:54 am
Wall Street Journal…you don’t mention that there is a gas bubble in the US and not a sustainable event…but then, you have never been known for truthfulness. Europe has many problems and they are only ahead of the US by a few years. Be patient it is ALL coming to the US shores soon.
DC on Mon, 20th Feb 2012 5:10 am
Hah WSJ, apparently, relying on Russia for nat-gas is somehow bad for the Europe(like the US gives a damn anyhow). But tearing huge gaping holes in North America, poisoning the air-land and water, and wageing resource wars so amerikans can save a nickel on a gallon of gas…
Well thats just a-ok.
The Russians are not saints, but relying on them is no worse than being at the mercy of some of the most corrupt and destructive monopolies in history, the amerikan anergy corporations.
BillT on Mon, 20th Feb 2012 9:20 am
DC, we agree. Amerika is the most dangerous, terrorist organization in this crazy world. We will pollute our last glass of drinking water, for that last drop of oil or that last cc of natural gas.
dsula on Mon, 20th Feb 2012 5:12 pm
Americka is pretty cool.
Kenz300 on Mon, 20th Feb 2012 5:54 pm
Every country needs to develop a plan to balance resources, energy, population and jobs. Maybe the UN should come up with some kind of national sustainability index that points to the problems in each country and policies to address it.