A year ago, Russia’s lunge into Ukraine seemed to be focusing European minds on the dangers of depending on Moscow for their energy supplies, pushing countries across the continent to scramble onto the shale-gas bandwagon in a quest to copy U.S. success and move towards having the ability to produce all the energy they need on their own.
But now, after a series of disappointments from one end of Europe to the other, Europe’s shale dreams seem to have all but evaporated. And that makes it increasingly unlikely that Europe will be able to reap the kind of gas-fired benefits that …read more
Source: Foreign Policy
