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Sun May 13, 2012, 05:26 PM

US ahead of Europe on energy policy

Source: Financial Times

Europe’s manufacturers are rapidly losing ground to US rivals because of soaring energy costs and the failure of the continent’s governments to be “rational” about nuclear power and shale gas, the head of one of the world’s biggest chemicals groups has warned.

In an interview with the Financial Times, Jean-Pierre Clamadieu, the new chief executive of Franco-Belgian Solvay, accused Germany, France and Belgium of acting in isolation on nuclear and gas policy and failing to come up with a coherent strategy to keep Europe’s companies competitive.

“There is very little European co-ordination,” he said, warning that energy costs should be ranked alongside the eurozone crisis as the most urgent problem confronting industry.

Natural gas in the US is three times cheaper than in Europe because of its decision to exploit shale gas through the environmentally-controversial process of “fracking” – the high-pressure injection of water and chemicals to free up trapped gas.

Read more: http://liveweb.archive.org/http://www.ft.com/cms/s/0/45afd57a-9abf-11e1-9c98-00144feabdc0.html

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Response to alp227 (Original post)

Sun May 13, 2012, 05:38 PM

1. Sounds to me like Clamadieu is a reich wing troll

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Response to alp227 (Original post)

Sun May 13, 2012, 05:44 PM

2. The OP looks to be unmitigated bull $hit. Natural gas in the US will become as expensive as every

where else if we export it.

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Response to alp227 (Original post)

Sun May 13, 2012, 05:45 PM

3. Everyone has to lower their standards. Everyone, but the people in control.

Energy: "They don't care so much about pollution. If you want to stay competitive you have to accept more pollution"

Jobs: "They'll do it for less money. If you want to stay competitive you have be paid less"

Healthcare: "They don't have healthcare. If you want to stay competitive learn to live without it"

Housing: "They live in corporate housing as part of their pay. If you want to stay competitive you might want to do the same"

The last one isn't familiar to Americans but is more common in China. I could see something like that eventually spreading.


What's the point in progress if it doesn't improve peoples lives?

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Response to alp227 (Original post)

Sun May 13, 2012, 05:54 PM

4. "the head of one of the world’s biggest chemicals groups has warned"

This is just a hit piece on Europe's environmental policies by an industry trade group. This clown is excoriating "Europe" because it hasn't joined the race to the bottom with fracking like the US has. I guess a bag of cash doesn't buy the same favors there as it does in Washington.

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Response to alp227 (Original post)

Sun May 13, 2012, 06:57 PM

5. We have an energy policy?

Drill, baby. DRILL.

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Response to alp227 (Original post)

Sun May 13, 2012, 07:05 PM

6. Says "the head of one of the world’s biggest chemicals groups"

Call me skeptical.

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Response to alp227 (Original post)

Sun May 13, 2012, 10:25 PM

7. I read the first sentence. PROPAGANDA.

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Response to alp227 (Original post)

Mon May 14, 2012, 08:26 PM

8. European Shale gas? 20% Nitrogen? you have to add gas to it for it to burn...

Last edited Sat May 19, 2012, 07:33 PM - Edit history (2)

Shale Gas in Europe has been more bust then boom, One exploratory well in Poland was found to produce natural gas with a 20% nitrogen content, it just would NOT burn.

http://peakoil.com/production/orlov-shale-gas-the-view-from-russia/

http://www.oilandgaseurasia.com/articles/p/156/article/1754/

Let me quote a paragraph:
The best-developed shale gas basin is Barnett in Texas, responsible for 70% of all shale gas produced to date. By “developed” I mean drilled and drilled and drilled, and then drilled some more: just in 2006 there were about as many wells drilled into Barnett shale as are currently producing in all of Russia. This is because the average Barnett well yields only around 6.35 million m3 of gas, over its entire lifetime, which corresponds to the average monthly yield of a typical Russian well that continues to produce over a 15-20 year period, meaning that the yield of a typical shale gas well is at least 200 times smaller. This hectic activity cannot stop once a well has been drilled: in order to continue yielding even these meager quantities, the wells have to be regularly subjected to hydraulic fracturing, or “fracked”: to produce each thousand m3 of gas, 100 kg of sand and 2 tonnes of water, combined with a proprietary chemical cocktail, have to be pumped into the well at high pressure. Half the water comes back up and has to be processed to remove the chemicals. Yearly fracking requirements for the Barnett basin run around 7.1 million tonnes of sand and 47.2 million tonnes of water, but the real numbers are probably lower, as many wells spend much of the time standing idle.

This rha rha natural gas site, even points out the rapid decline in production of these wells, 80% reduction in the first year:

http://seekingalpha.com/article/358311-making-sense-of-north-america-s-shale-oil-and-gas-future


Notice, I am ignoring the financial and environmental problems with Fracking, just to show how expensive this process is. Shale gas and oil is more bluff then real. something even the Federal Government is slowly coming to accept:
http://www.essentialpublicradio.org/story/2012-01-24/marcellus-shale-gas-potential-much-lower-previously-thought-9967


ASPO (Association to study Peak Oil) has always maintained that given the nature of Natural gas (That oil is converted to Natural Gas whenever it drops below 20,000 feet) it is much harder to predict when Natural Gas will peak and decline. Unlike an oil well, which builds up slowly, then peaks and then go into a steady decline, Natural Gas wells produce at peak almost from the first day of production, continues that peak till it empties out. Thus Natural Gas wells can produce for years, then one day stop production. On the Marcellus Shale level it appears to be about a year between the start of production and the end of production. That is NOT a good sign but most people are ignoring that unpleasant idea, preferring the idea that all we have to do is drill more wells faster.
http://endofcrudeoil.blogspot.com/2012/02/shale-gas-development-in-united-states.html

Thus the more I get into Shale Natural Gas production, it appears to be a heavy short production life, and given that most wells are drilled where it is expected to have the most gas, sooner or later I see a decline as it gets harder to find new places to drill.

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