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originally posted by: Kandinsky
1. If we whittle away the IS aspects in your OP, you've definitely made a case that the US will be very, very interested in such wealth and potential stability on its doorstep.
2. If Mexico could put its house in order, it'd have the means to become an economic and independent powerhouse of the Americas.
Military forces also will ''secure Iraq's oil fields and resources, which belong to the Iraqi people, and which they will need to develop their country after decades of neglect by the Iraqi regime,'' Mr. Rumsfeld said.
link.
Judicial Watch is a politically conservative government watchdog group. According to its mission statement, it "advocates high standards of ethics and morality in America's public life and seeks to ensure that political and judicial officials do not abuse the powers entrusted to them by the American people."[a]
About Judicial Watch
Judicial Watch, Inc., a conservative, non-partisan educational foundation, promotes transparency, accountability and integrity in government, politics and the law. (b)
Europe will be Russia's hostage over gas supplies for at least another decade
Policymakers will have no choice but to continue buying gas from Russia until at least the mid-2020s and "potentially much longer", according to Fitch
Europe will remain heavily reliant on Russian gas for at least another decade, according to a leading rating agency.
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Europe already buys a quarter of its gas from Russia, and analysts expect consumption to increase by a third by 2030 as economies recover from the debt crisis and gas-fired electricity generation replaces old coal and nuclear power.
Analysts said it would be difficult for countries to secure alternative sources of supply in the medium term, leaving them at risk of being "held hostage by dominant suppliers", including Russia.
"Any attempt to improve energy security by reducing European reliance on Russia would require either a significant reduction in overall gas demand or a big increase in alternative sources of supply, but neither of these appears likely," Fitch said in a report on Tuesday.
Ukraine crisis sharpens focus on European shale gas
As tensions between Moscow and Kiev spark concerns over a possible cut in Russian gas to Europe via Ukraine, European Union officials this week identified shale gas drilling as one of the "indigenous sources of energy" that can help reduce such imports.
Significantly, EU politicians left shale out of tougher rules on exposing the environmental impact of oil and conventional gas.
Poland also introduced an investor-friendly shale gas bill aimed at cutting red tape and regulatory hurdles.
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Britain and Poland have for years pressed for shale gas development to help lessen their dependence on imported fossil fuels.
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"Given the absolute necessity for Europe to diversify its sources of supply of gas and to find solutions to the huge energy price differential with its main competitors, we see no alternative but to proceed as rapidly as possible with shale gas exploitation as part of the energy mix in Europe," said Gordon Moffat, director general of steel industry group Eurofer.
Biden in Romania: 'You can count on us'
Biden said the U.S. would continue to demonstrate that commitment with a stepped-up military presence in Romania, including joint air exercises and visits by U.S. naval vessels to Romanian ports.
Chevron starts shale gas drilling in Romania
Chevron has started exploration drilling into shale gas deposits in Pungesti, Vaslui county, eastern Romania.
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Chevron has permits to explore for shale gas in northeastern Romania as well as on Romania’s Black Sea coast....
The U.S. Energy Information Administration estimates Romania could potentially hold 51 trillion cubic feet [1.4 trillion cubic meters] of shale gas, which would cover domestic demand for more than a century.
Chevron is the first company that has started to seek shale gas in Romania as the government lifted an informal memorandum that banned any developments in this field this year.
Prime Minister Victor Ponta, who was a staunch opponent of the shale gas sector when in opposition, has changed course once he took the top job in government in 2012.
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US vice-president Joe Biden pushes energy cooperation in visit to Cyprus
US vice-president Joe Biden arrived in Cyprus on Wednesday, the most senior US official to visit in more than 50 years, as the quest to find alternative energy routes into Europe focused international attention on the continent's only divided country.
With the discovery of vast reserves of oil and natural gas deposits in the eastern Mediterranean, the visit highlights the growing importance Washington has given to the region following the crisis in the Ukraine. If unlocked, the hydrocarbons have the potential to substantially reduce Europe's reliance on Russia for energy supplies.
Biden Offers Ukraine U.S. Help on Energy, Aid Allocation
U.S. Vice President Joe Biden will announce a package of technical assistance focused on energy and economic aid distribution during a two-day visit to Ukraine that began on Monday, a senior administration official said.
Biden is the highest ranking U.S. official to visit the country since the crisis with Russia erupted months ago.
...But during talks with Ukrainian leaders on Tuesday he will announce U.S. assistance, primarily of technical know-how to boost energy efficiency as well as production in Ukrainian natural gas fields and extraction of "unconventional" gas resources, a senior administration official told reporters traveling on board the vice president's plane.
FACT SHEET: U.S. Crisis Support Package for Ukraine
A technical team will also engage the government on measures that will help the Ukrainian government ensure swift and environmentally sustainable implementation of contracts signed in 2013 for shale gas development.
Biden's Son, Kerry Family Friend Join Ukrainian Gas Producer's Board
Vice President Joe Biden's son and a close friend of Secretary of State John Kerry's stepson have joined the board of a Ukrainian gas producer controlled by a former top security and energy official for deposed President Viktor Yanukovych.
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Hunter Biden, a lawyer by training and the younger of the vice president's two sons, joined the board of directors of Ukrainian gas firm Burisma Holdings Ltd. this month and took on responsibility for the company's legal unit, according to a statement issued by the closely held gas producer.
His appointment came a few weeks after Devon Archer —college roommate of the secretary of state's stepson, H.J. Heinz Co. ketchup heir Christopher Heinz—joined the board to help the gas firm attract U.S. investors, improve its corporate governance and expand its operations. A State Department spokesman declined to comment.
Report: U.S. shale gas boom drives $120B in LNG export projects
In the United States alone, 31 facilities have applied for federal approval to build export facilities, which condense natural gas into a liquid before it’s shipped overseas via tanker....
The potential impact could be huge.
...their combined capacity could export nearly 30% of U.S.-produced gas by 2020. Much of this gas is extracted from shale deposits via the combined use of horizontal drilling and hydraulic fracturing or fracking.
Mexico signs energy reform into law ending 76yr monopoly
Mexican President Enrique Pena Nieto signed into law Mexico’s historic energy reform bill that will allow foreign companies access to oil and gas fields in the country.
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The new law doesn’t just break the monopoly on foreign companies, but now domestic private oil and gas firms will be able to operate in direct competition with Pemex. Before, private companies were only allowed to do work for Pemex under service contracts.
Russia’s Lukoil was one of the first companies to forge a relationship with Pemex, and in January agreed to a joint venture exploring and extracting oil.