May 2014, Vol. 241, No. 5

Projects

EU Leaders Seek U.S. Shale Gas Exports To Europe

At the recent EU-U.S. summit in Brussels, Belgium, European leaders asked President Obama to share the nation’s shale gas bonanza with Europe by speeding gas exports to help counter the stranglehold Russia has on the continent’s energy needs. With Russia’s gas monopoly, Gazprom, supplying a quarter of Europe’s gas needs, and almost all of the gas in parts of eastern Europe, the energy issue has soared to the top of Europe’s strategic agenda as a result of the continuing Ukrainian crisis and fears that the Kremlin will try to blackmail Europe if a threatened trade war erupts. This report, from The Guardian, noted that the impact of President Vladim

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