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Fracked gas price trends
Fracked gas price trends














Department of Justice has sought Firtash’s extradition from Austria on bribery and racketeering charges since 2014.įirtash became embroiled in Trump’s first impeachment over withholding of military aid to Ukraine after Trump lawyer Rudy Giuliani offered to help Firtash with his extradition case if Firtash hired two attorneys close to Trump to dig up dirt on Joe Biden. and EU leaders need to take care of some “unfinished business,” namely the extradition of the Kremlin-connected Ukrainian oil and gas oligarch Dmytro Firtash, who, acting through his firm RosUkrEnergo, a joint venture with Russia’s state oil company Gazprom, fixed Ukrainian gas markets to Moscow’s advantage and funneled money into the campaigns of pro-Russia politicians in Ukraine. Moreover, he says, for the recent energy deal to have even a shred of credibility, U.S. He explained that LNG terminals and other infrastructure in southern Europe will inevitably boost autocrats propped up by the fossil fuel industry, whether it’s Russian President Vladimir Putin (who could potentially gain access to the infrastructure if sanctions end) or other petrostate autocrats like Saudi Crown Prince Mohammed bin Salman. and EU leaders to instead pursue a Marshall Plan-style proposal to ramp up renewable and energy efficiency technologies to enable a complete transition away from fossil fuels. “I’m not afraid of air strikes,” he says, telling Truthout cities and town in western Ukraine will fight fiercely against any Russian incursion, and that an advance into Lviv would be “suicide” for Russian troops. At least five people were injured over the weekend after two Russian missiles struck the city, one hitting a fuel storage facility and the other targeting the city’s radio repair plant.ĭespite the recent strikes, Savitsky says he’s not planning to pick up and move again. The security situation in Lviv, Savitsky says, is rapidly deteriorating as Russia increasingly targets the city with missile strikes and air attacks. Savitsky moved with his family to Lviv from Kyiv after the first two weeks of the invasion as Russian forces attempted to penetrate the city and fighting broke out within the Ukrainian capital. It will be just billions of wasted money at the time when no single infrastructure project with fossil fuel use can move forward.” “New infrastructure needs, five, six years to build, and it will be just another stranded asset - as useless as the Nord Stream 2 pipeline is now.

fracked gas price trends

“You cannot address this crisis with new infrastructure,” Savitsky told Truthout from Lviv, Ukraine. “New infrastructure needs, five, six years to build, and it will be just another stranded asset - as useless as the Nord Stream 2 pipeline is now.” oil and gas industry a windfall of $37 to $126 billion in 2022 alone. Another analysis by Oil Change International, Greenpeace USA and Global Witness finds high wartime prices will net the U.S.

fracked gas price trends

Oleg Savitsky, a climate and energy policy expert at the Ukrainian Climate Network and board member of the environmental protection organization Ecoaction, tells Truthout the recent deal is a win for the LNG lobby, which has exploited the crisis to push for increased fracking while taking advantage of market shocks and price increases to keep profits and share values high.Īccording to a recent Food & Water Watch analysis, the value of shares currently held by the CEOs of eight major fossil fuel companies, including Exxon, Chevron, Enbridge, Kinder Morgan and Cheniere, has increased by nearly $100 million since the beginning of the year. fracked gas surge of 50 billion cubic meters to Europe through at least 2030 a disastrous answer to the need for independence from Russian fossil fuels amid the escalating climate emergency. oil and gas export zone’s industrial pollution, called a U.S. Gulf Coast activists, who are living with the impacts of Russia’s invasion and the U.S.

fracked gas price trends

and European Union’s shared climate goals.ĭespite the promised increase in renewable energy, Ukrainian and U.S. The world leaders announced a new task force that would work to ramp up LNG shipments to Europe to facilitate the continent weaning itself off Russian oil and gas while simultaneously working to reduce demand and expand renewable energy to meet the U.S. Impacted climate and environmental justice activists in both countries are decrying the recent energy security deal President Joe Biden and European Commission President Ursula von der Leyen struck Friday in Brussels, Belgium.

fracked gas price trends

Instead, they say, they want a dramatic, wartime mobilization for a transition to clean energy. Gulf Coast living with the impacts of so-called liquefied natural gas (LNG) infrastructure to become sacrifice zones in their name.

Part of the Series Russia's War on Ukraine in an Age of Escalating Imperial TensionsĬlimate activists living under the constant blare of air raid sirens in Ukraine say they don’t want the United States’ fracked gas exports, and don’t want frontline communities along the U.S.














Fracked gas price trends