Peak Oil News
Pro4xMentor.com

 

  Login or Register
 
Menu
 News
 Search
 Topics
 Stories Archive
 Submit News
 Discussions
 Code of Conduct
 Forums
 Forums Search
 Last 24 Hours
 PO 24hrs
 Peak Blog
 Resources
 About Us
 Downloads
 Web Links
 PeakWiki
 PeakPortal
 Focus Search
 Peak TV
 Peak Gear
 Members
 Your Account
 Members List
 Ignore List
 JOIN!
 Private Messages
 
Light Sweet Crude Oil
 
google
 
PeakSpeak
NICKNAME

Download TeamSpeak
What is PeakSpeak?
Peak Oil on IRC
 
Member Quotes
We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

MonteQuest

Suggest Quote

 
Photo Album
Submit Photo
Peakoil.com is You!


member photos
 
International Energy Agency Speaks Out Against Russia’s Baltic Gas Pipeline
Public Policy; Political and Legal NewsThe International Energy Agency (IEA) has taken Poland’s side and reinforced its arguments against the construction of gas pipeline that will link Russia and Germany under the Baltic Sea.

“We entirely understand Poland’s position on this issue. From the Polish point of view it would be more favorable to remain a transit country. We dismiss the argument that thanks to the new gas line Poland’s gas supplies will be more secure,” said Faith Birol, chief economist at the IEA, quoted by the Polish News Bulletin.


Posted on Friday, December 30 @ 15:13:49 PST by stu
 
Related Links
· More about Public Policy; Political and Legal News
· News by stu


Most read story about Public Policy; Political and Legal News:
ARE We Out of Gas Yet?

 
Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad

 
Options

 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend

 
"Login" | Login/Create an Account | 2 comments | Search Discussion
The comments are owned by the poster. We aren't responsible for their content.

No Comments Allowed for Anonymous, please register

Re: International Energy Agency Speaks Out Against Russia’s Baltic Gas Pipeline (Score: 1)
by lutherquick on Friday, December 30 @ 15:43:28 PST
(User Info | Send a Message)

Russia has no interest in financing NATO expansion. And has no reason to subsidize anyone that is not a friend or not willing to do fair commerce. 

In addition, these Baltic states insist on subsidized gas, these Baltic states claim to embrace market pricing but squawk when they get bills based on market prices.  Like the problem in Ukraine, the Baltic states need to be turned off until their productivity goes back up and they can pay a fair price for their consumption.
This is why the pipeline will be built bypassing Poland and why other problems such as Ukraine will either pay market price or go black.
These countries that want to join NATO, let them, because America will not be able to print enough dollars fast enough, erase M3 reporting, or institute more failed NGO activities in CIS nation to somehow continue economic subsidies on Western advanced economies. I say advanced but in reality it's advanced consumption...
Quite possibly after Iran starts her own oil bourse in March of 2006, this coupled with the FED's new secrecy, both the Euro and the Dollar may crash very hard, thus requiring pipe lines like this to keep flies like Poland from holding Russia hostage and thus keeping real productive economies such as Germany from receiving her energy.
Bypassing Poland is a great idea, Russia will make gas and oil for Germany, while Germany manufactures Mercedes and Porches for Russia's poor (that was sarcasm, but only slightly).



Re: International Energy Agency Speaks Out Against Russia’s Baltic Gas Pipeline (Score: 1)
by Keith_McClary on Friday, December 30 @ 22:57:58 PST
(User Info | Send a Message)
"Faith Birol" ??? Sounds like some Swedish chick. Actually he's Fatih Birol.



Atom News FeedRSS 1.0 News FeedRSS 2.0 News FeedRSS Forums Feed