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GasBuddy News Article

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Russia Increasingly Worried About US ‘Shale Revolution

Natural Gas Europe -- Russia’s President Putin urged the country’s gas monopoly Gazprom to revise its export policy, as the “shale revolution” and the development of liquefied natural gas will seriously eat into the country’s export revenues.

Experts agree that alternative commodities have already started to reshape the market, with the US posing tough competition to Russia.

“Such new players [in the gas market] as the United States and Canada have already started to move.In the US, new technologies allow for profitable shale gas production…Politicians, experts and businesses are talking about a real "shale revolution," Putin added.

“The US is a serious rival to Russia in a gas market,” as the country’s reserves of shale gas stand at 24trln cubic metres, compared to 30trln cubic metres of traditional gas...


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Submitted Oct 28, 2012 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Russia Increasingly Worried About US ‘Shale Revolution Back to Topics
REPLIES (newest first) Post a Reply
KAR120CSII
Champion Author Oregon

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Message Posted: Nov 1, 2012 9:11:26 PM

They should be -- we won't buy any more shale from them, ever.
honda0105
Champion Author Tallahassee

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Message Posted: Nov 1, 2012 4:47:03 AM

Russia long ago lost it's superior status in the world.
Gnusman53
Champion Author San Diego

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Message Posted: Oct 31, 2012 9:51:49 AM

so listerone admits his source of income???? (grin)
Gnusman53
Champion Author San Diego

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Message Posted: Oct 31, 2012 9:50:38 AM

Actually, the stuppid ones are the americans...... they'll complain about high gas prices...then do nothing to force them back down by internalizing most production to American markets only. Perhaps the government should set a percentage of fuel to be kept in the US before allowing the tax benefits and profits for foreign sales....
DanMtz
Champion Author Oakland

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Message Posted: Oct 29, 2012 6:52:26 PM

Good, make 'em sweat.
bonusround98
Veteran Author Minnesota

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Message Posted: Oct 29, 2012 6:50:14 PM

great
listerone
Champion Author Boston

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Message Posted: Oct 29, 2012 9:46:05 AM

I heard it said on the BBC today that,in some circles,it's being suggested that the Soviets are funding the left wing protesters opposing fracking because they fear being replaced as the major gas producer.The US and Canada,combined,can render the Soviets as a minor player in world energy markets.
tomok
Champion Author Portland

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Message Posted: Oct 29, 2012 2:08:48 AM

Russia Increasingly Worried About US ‘Shale Revolution' and they should be. Big Oil and Big Gas exports fuel and natural gas to other countries that will pay more for it, much more than here. There will be NO price reduction or cheaper prices for natural gas IN the US, so it does NOT matter how much crude oil or natural gas is produced.
'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the 'jobs' are Not here. Sneeky's economy is not improving but continues to hurt the population and the job numbers continue to be down. People will still drive and buy fuel no matter what but it sure helps to have a job too!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
KAR120CSII
Champion Author Oregon

Posts:6,093
Points:1,268,490
Joined:Apr 2010
Message Posted: Oct 29, 2012 12:11:47 AM

Wish all the theatrics could help bring down prices here. The world's a stage and that's where our oil is going.
SkooterG
Champion Author Phoenix

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Message Posted: Oct 28, 2012 11:45:33 PM

Oil and gas revenues 80% of the Russian budget? Wow!
quasar502
Champion Author Lansing

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Message Posted: Oct 28, 2012 11:39:35 PM

Now that's a real shame. lol
speedraider
Champion Author Orlando

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Message Posted: Oct 28, 2012 11:33:12 PM

old news
TIGERPAW46
Champion Author Florida

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Message Posted: Oct 28, 2012 11:17:21 PM

miser709;

Your right & they are only worried about getting their money back with interest not about US.
Bigwaynef
Champion Author South Carolina

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Message Posted: Oct 28, 2012 11:16:23 PM

He better get Putin real quick...
crreed1
Champion Author West Virginia

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Message Posted: Oct 28, 2012 11:15:33 PM

old news
TIGERPAW46
Champion Author Florida

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Message Posted: Oct 28, 2012 11:15:26 PM

Keep enough of all our resources in the USA to fulfill all our needs first. Only allow export of EXCESS Gasoline, Diesel, NG, Oil & all commodities to keep our prices more reasonable, just like many countries do with their resources.
Aviator_Rob
Champion Author New York

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Message Posted: Oct 28, 2012 11:14:05 PM

Sure, @Zeke33. Obama is such good friends with the Russian President that Putin is crapping his pants over our installing a missile defense shield in Poland.

Stop watching Fox News for once.
miser709
Champion Author Grand Rapids

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Message Posted: Oct 28, 2012 11:13:46 PM

I doubt anyone is worried about the US with the exception of the people we owe money to.
ssect8
Champion Author Hartford

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Message Posted: Oct 28, 2012 11:12:35 PM

Isn't that just too bad!
N5EXY
Champion Author Austin

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Message Posted: Oct 28, 2012 11:11:25 PM

The US has been a serious rival to Russia in any and all markets in the past.
Blue_Cruzer
Champion Author Lexington

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Message Posted: Oct 28, 2012 11:11:07 PM

They should be.
Aviator_Rob
Champion Author New York

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Joined:Mar 2012
Message Posted: Oct 28, 2012 11:10:59 PM

This just proves that the drillers have no desire to lower natural gas prices for Americans. Their main goal is to export the stuff out of the country, with the profits going right into their pockets.

And once the shale gas is all gone, then what?
bluegrasser1
Champion Author Richmond

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Message Posted: Oct 28, 2012 11:10:30 PM

ok
rahcat
Champion Author Grand Rapids

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Message Posted: Oct 28, 2012 11:10:24 PM

Too bad President Pukin......I mean Putin.
altima2008
Champion Author Philadelphia

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Message Posted: Oct 28, 2012 11:07:47 PM

russia can go pound sand
Jmac2008
Champion Author Missouri

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Message Posted: Oct 28, 2012 11:04:45 PM

ok
gilfarm
Champion Author Alabama

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Message Posted: Oct 28, 2012 11:03:38 PM

Old news!
ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Oct 28, 2012 11:02:53 PM

So what, who cares
Zeke33
Champion Author New Hampshire

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Message Posted: Oct 28, 2012 11:02:08 PM

Obummer will see that his buddy Putin doesn't get hurt.
SovietSunrise
Champion Author San Antonio

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Message Posted: Oct 28, 2012 11:01:10 PM

Lyubimoy Sovetskiy Soyuz moy
BREW9
Champion Author Tampa

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Message Posted: Oct 28, 2012 11:00:10 PM

ok
s6sputnik
Champion Author Austin

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Message Posted: Oct 28, 2012 10:59:42 PM

CCCP
melvindale
Champion Author Michigan

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Message Posted: Oct 28, 2012 10:58:13 PM

USSR!
LanguageMan1
Champion Author Tampa

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Message Posted: Oct 28, 2012 10:54:27 PM

Good but yet not so good with all the resulting pollution.
theWizK
Champion Author Columbus

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Message Posted: Oct 28, 2012 10:49:58 PM

Good
farn1958
All-Star Author Twin Cities

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Message Posted: Oct 28, 2012 10:48:38 PM

ok
GManCo
Champion Author Colorado Springs

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Message Posted: Oct 28, 2012 10:47:16 PM

LNG is a great solution.
tco9436
Champion Author Connecticut

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Message Posted: Oct 28, 2012 10:44:59 PM

OK
tutaw
Champion Author Kentucky

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Message Posted: Oct 28, 2012 10:37:20 PM

Good
mcmonsta
Champion Author Honolulu

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Message Posted: Oct 28, 2012 10:35:46 PM

business is business
frostyWV
Champion Author West Virginia

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Message Posted: Oct 28, 2012 10:33:32 PM

as well they should be.
civicdutie
Champion Author Rochester

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Message Posted: Oct 28, 2012 10:33:14 PM

At that distance, I'm sure Russia can compete in Asia
davenles
Champion Author Texas

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Message Posted: Oct 28, 2012 10:32:36 PM

Cold War of a different sort.
gumbyrex
Champion Author Fresno

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Message Posted: Oct 28, 2012 10:30:53 PM

Good to see Russia a little paranoid.
postcard9
Champion Author Massachusetts

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Message Posted: Oct 28, 2012 10:30:50 PM

Watch those rascals.
DustyHorse
Champion Author Virginia

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Message Posted: Oct 28, 2012 10:28:39 PM

Maybe the Russians can stop ripping off Europe.
PoohMcGoo
Champion Author Alabama

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Message Posted: Oct 28, 2012 10:28:21 PM

Maybe this is what Obama was referring to with Russia that he'd have more flexibility in his second term.
idigau22
Champion Author Washington

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Message Posted: Oct 28, 2012 10:26:03 PM

Don't turn our backs on these Commies! Watch them close!!!
camel1
Champion Author Minnesota

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Message Posted: Oct 28, 2012 10:22:26 PM

competition is supposedly good
Fitwit
Champion Author Stockton

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Message Posted: Oct 28, 2012 10:22:09 PM

Can't trust Putin or Vodka either.
WIPACKERFAN
Champion Author Chicago

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Message Posted: Oct 28, 2012 10:22:02 PM

OK
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