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American shale gas has the Russians officially annoyed

Here’s an amusing link to Pravda resentfully huffing and puffing because the development of so-called shale gas in the United States has tilted global gas markets to the detriment of Russia.  It seems the Europeans aren’t quite so dependent on Russia any more.  And that’s a problem for Russia.

This is all good news for Americans whose energy mix contains a bit more natural gas every year.  And now, thanks to the new extraction methods, more of that gas comes from our own rocks.  But  what gets my attention is Pravda’s seeming sense that Russia should wield power over Europe.  Interesting, da?

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