Great piece, if Europe would remove the restrictions on fracking, they would go a long way towards serving their own energy needs. Of course theat would also impact the market for LNG.
🙏 thank you! Absolutely it would go a long way! While I live on the west side of the pond, a strong, robust and healthy Europe is good for the world. Right now, Europe is anything but that.
Be careful when you interpret the apparent Harris reversal on fracking... She simply said that "she would not ban fracking..." Which only means that she will not pass an explicit law banning that activity.
She did not say that she would stop abusing government institutions like the EPA to effectively obstruct activities like fracking - thereby creating a de facto ban.
Remember, if it looks like a duck and it quacks like a duck chances are it's a duck...🦆
Great article. I appreciate the research. I have the same question for Kamala. My Friday newsletter - Macro Mashup - deals with this question: “Who Has The Better Energy Policy - Trump or Harris”. No spoiler alerts.
There is still a non trivial risk that if there is an earthquake like event or a major environmental situation, public pressure might push for restrictions.
I don't buy this Ukrainian yacht fairytale. Sounds like your typical CIA disinformation. Like their claim that the Anthrax attacks after 9/11 were perpetrated by a government madcap scientist who was infatuated with a Hollywood actress and then committed suicide.
And a pilot who couldn't fly a Cessna 172 could hop right into a Boeing 757 cockpit and fly it with a skill that even the best, most experienced 757 pilots couldn't achieve. At 15 feet off the ground at over 500mph straight into the Pentagon where the plane & all its passengers disappeared into a small hole.
I like how the relevant governments do an investigation and then immediately declare their findings "Top Secret". Except they don't want an international transparent investigation.
Here's a real experienced diver telling the truth:
"...I'm a (retired) certified Divemaster, Rescue Diver, and Wreck Diving Specialist. I worked on dive boats operating in the "Graveyard of the Atlantic", off the shores of North and South Carolina, known for the abundance of U-Boat sunk wrecks that usually reside in shallow waters compatible with recreational diving. (120-140' MAX)
I'm also "Blended Gas/NITROX" certified, which means I re-mix surface air to have a higher Nitrogen content than normal, which extends my bottom time 30-40% over just regular surface air.
At 120 feet of depth, (less than 1/2 of the NORD depth), I get 30-40 minutes of bottom time, having to save the balance of my bottle for the no-faster-than-a-bubble-rising ascent back up the anchor line to the boat, and then a 15-minute decompression stop at 15' below the boat to stave of decompression sickness.
Due to the depth of these pipelines alone, let alone the cold and zero-visibility, this is as far out of the realm of recreational diving as is a spacewalk, and such an "explanation" is just absurd.
I know divers who have operated at these kinds of depths while completing the restoration of the USS "Monitor" off the coast of Cape Hatteras NC, and guess what? Their names all ended with "Navy Seal", their decompressions were done in-water in team-sized hyperbaric chambers, and they all wore "Depends" because these ops lasted 8-12 hours.
Sven and Svetlana Tourist could never have pulled off such a feat, this was all done the MILSPEC way, if at all..."
If Germany wants to be believed when they say it was a group of Ukraine divers, they should publicly come out with the supporting evidence they used to get an arrest warrant.
It’s the lack of transparency that contributes a lot to doubt.
Great piece, if Europe would remove the restrictions on fracking, they would go a long way towards serving their own energy needs. Of course theat would also impact the market for LNG.
🙏 thank you! Absolutely it would go a long way! While I live on the west side of the pond, a strong, robust and healthy Europe is good for the world. Right now, Europe is anything but that.
Great description of why we need to keep searching for as much energy as possible
100% agreed and thank you
They say necessity is the mother of invention, well price arbitrage dives the proliferation of surpluses. Great job as always.
🙏
Be careful when you interpret the apparent Harris reversal on fracking... She simply said that "she would not ban fracking..." Which only means that she will not pass an explicit law banning that activity.
She did not say that she would stop abusing government institutions like the EPA to effectively obstruct activities like fracking - thereby creating a de facto ban.
Remember, if it looks like a duck and it quacks like a duck chances are it's a duck...🦆
100% agree! I personally don’t buy that her reversal is serious.
Great article. I appreciate the research. I have the same question for Kamala. My Friday newsletter - Macro Mashup - deals with this question: “Who Has The Better Energy Policy - Trump or Harris”. No spoiler alerts.
I subscribed and look forward to it!
There is still a non trivial risk that if there is an earthquake like event or a major environmental situation, public pressure might push for restrictions.
No doubt. And there does seem to have been momentum to better understand where and where not to inject wastewater to reduce those risks.
I don't buy this Ukrainian yacht fairytale. Sounds like your typical CIA disinformation. Like their claim that the Anthrax attacks after 9/11 were perpetrated by a government madcap scientist who was infatuated with a Hollywood actress and then committed suicide.
And a pilot who couldn't fly a Cessna 172 could hop right into a Boeing 757 cockpit and fly it with a skill that even the best, most experienced 757 pilots couldn't achieve. At 15 feet off the ground at over 500mph straight into the Pentagon where the plane & all its passengers disappeared into a small hole.
I like how the relevant governments do an investigation and then immediately declare their findings "Top Secret". Except they don't want an international transparent investigation.
Here's a real experienced diver telling the truth:
"...I'm a (retired) certified Divemaster, Rescue Diver, and Wreck Diving Specialist. I worked on dive boats operating in the "Graveyard of the Atlantic", off the shores of North and South Carolina, known for the abundance of U-Boat sunk wrecks that usually reside in shallow waters compatible with recreational diving. (120-140' MAX)
I'm also "Blended Gas/NITROX" certified, which means I re-mix surface air to have a higher Nitrogen content than normal, which extends my bottom time 30-40% over just regular surface air.
At 120 feet of depth, (less than 1/2 of the NORD depth), I get 30-40 minutes of bottom time, having to save the balance of my bottle for the no-faster-than-a-bubble-rising ascent back up the anchor line to the boat, and then a 15-minute decompression stop at 15' below the boat to stave of decompression sickness.
Due to the depth of these pipelines alone, let alone the cold and zero-visibility, this is as far out of the realm of recreational diving as is a spacewalk, and such an "explanation" is just absurd.
I know divers who have operated at these kinds of depths while completing the restoration of the USS "Monitor" off the coast of Cape Hatteras NC, and guess what? Their names all ended with "Navy Seal", their decompressions were done in-water in team-sized hyperbaric chambers, and they all wore "Depends" because these ops lasted 8-12 hours.
Sven and Svetlana Tourist could never have pulled off such a feat, this was all done the MILSPEC way, if at all..."
If Germany wants to be believed when they say it was a group of Ukraine divers, they should publicly come out with the supporting evidence they used to get an arrest warrant.
It’s the lack of transparency that contributes a lot to doubt.