The New Cold War Over Shale Gas

Almost all European countries have some shale gas deposits. If hydraulic fracturing can be used on a commercial scale in Europe, the price of natural gas there will plummet. It could force Russia to start working for a living and would have radical political repercussions. The challenge facing Gazprom is to convince nations that pay it exorbitant sums of foreign currency to forgo a technology that can save them a lot of money, create local jobs and support their political independence. This time, the mobilizing ideology is not anti-capitalism but environmentalism. Russia’s Mr. Putin has become a great champion of other countries’ environments. Gazprom and Russia pay directly or indirectly, through public-relations firms and environmentalist groups, for the creation of grand coalitions with authentic environmentalist groups. --Aviezer Tucker, The Washington Times, 13 July 2012