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Secret documents details US Gov's global push for Shale gas

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Secret documents details US Gov's global push for Shale gas

Unread postby vox_mundi » Sat 13 Sep 2014, 13:21:44

How Hillary Clinton's State Department sold fracking to the world
http://www.theguardian.com/environment/ ... -the-world
A trove of secret documents details the US government’s global push for shale gas, reports Mother Jones

According to interviews, diplomatic cables, and other documents obtained by Mother Jones, American officials—some with deep ties to industry—helped US firms clinch potentially lucrative shale concessions overseas, raising troubling questions about whose interests the program actually serves.

In 2009 ... Clinton tapped a lawyer named David Goldwyn as her special envoy for international energy affairs; his charge was “to elevate energy diplomacy as a key function of US foreign policy.”

According to diplomatic cables released by WikiLeaks (https://wikileaks.org/plusd/cables/09STATE111742_a.html ), one of Goldwyn’s first acts at the State Department was gathering oil and gas industry executives “to discuss the potential international impact of shale gas.” Clinton then sent a cable to US diplomats, asking them to collect information on the potential for fracking in their host countries. These efforts eventually gave rise to the Global Shale Gas Initiative, which aimed to help other nations develop their shale potential. Clinton promised it would do so “in a way that is as environmentally respectful as possible.

But environmental groups were barely consulted, while industry played a crucial role.

In August, 2010, delegates from 17 countries descended on Washington for the State Depart­ment’s first shale gas conference. The media was barred from attending, and officials refused to reveal basic information, including which countries took part.


... By early 2011, the State Department was laying plans to launch a new bureau to integrate energy into every aspect of foreign policy—an idea Goldwyn had long been advocating. In 2005, he and a Chevron executive named Jan Kalicki had published a book called Energy and Security: Toward a New Foreign Policy Strategy, which argued that energy independence was unattainable in the near term and urged Washington to shift its focus to energy security—by boosting global fossil fuel production and stifling unrest that might upset energy markets.


...diplomatic cables https://wikileaks.org/cable/2009/10/09OTTAWA771.html , described a 2009 meeting during which Goldwyn and Canadian officials discussed development of the Alberta oil sands—a project benefiting some of the same firms behind the US-Libya Business Association. The cable said that Goldwyn had coached his Canadian counterparts on improving “oil sands messaging” and helped alleviate their concerns about getting oil sands crude to US markets.


Shale was not the godsend that industry leaders and foreign governments had hoped it would be. For one, new research from the US Geological Survey http://www.motherjones.com/documents/12 ... gas-report suggested that the EIA assessments had grossly overestimated shale deposits: the recoverable shale gas estimate for Poland shrank from 187tn cubic feet to 1.3tn cubic feet, a 99% drop. ... one industry study estimated that drilling shale gas in Poland would cost three times what it does in the United States.

Despite the public outcry in Europe, the State Department has stayed the course. Clinton’s successor, John Kerry, views natural gas as a key part of his push against climate change. Under Kerry, State has ramped up investment in its shale gas initiative and is planning to expand it to 30 more countries, from Cambodia to Papua New Guinea. ... the Obama administration has also been pressing eastern European countries to fast-track their fracking initiatives so as to be less dependent on Russia.
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Re: Secret documents details US Gov's global push for Shale

Unread postby ROCKMAN » Sun 14 Sep 2014, 00:24:11

The funniest aspect of this thread IMHO: the thought that any actions by the US gov't would have any impact on global shale development. The shales will see whatever potential they might have only when companies begin drilling them. All the "secret conferences" or State Debt cheerleading won't change that fact. Such threads as this are truly hysterical to the oil patch...really
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Re: Secret documents details US Gov's global push for Shale

Unread postby steam_cannon » Mon 15 Sep 2014, 15:56:48

vox_mundi wrote:Poland shrank from 187tn cubic feet to 1.3tn cubic feet, a 99%
This reminds me a lot of the recent trillion dollar projections then total fiasco in California due to the 96% Monteray shale downgrade. A lot of investors were conned into drilling dry wells in that shale and expecting results. California was expecting trillions of dollars of long term revenue. But that didn't pan out. So it sounds like Poland might have been using similar estimates.

ROCKMAN wrote:The funniest aspect of this thread IMHO: the thought that any actions by the US gov't would have any impact on global shale development.
The way I see it, politicians moonlight as salesmen all the time. So someone is trying to sell a shale investment project in Poland and gets Hillary or uses her reports in their sales pitch. They present some projections based on US estimates. The big investors come out and money starts moving. Which is fine, if the production estimates are on the up and up.
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Re: Secret documents details US Gov's global push for Shale

Unread postby Plantagenet » Mon 15 Sep 2014, 16:56:40

Its just more evidence that people like Hillary and obama are hypocrites and liars.

In spite of all their wonderful rhetoric and speeches galore from Obama, Hillary, etc. promising to stop climate change and legislate for carbon reductions, this evidence of secret planning with oil execs to push US energy interests show that the activities and policies of the Obama administration actually closely resemble those that Dick Cheney set up in secret meeting with oil execs to push US energy interests during the prior administration. :roll:
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Re: Secret documents details US Gov's global push for Shale

Unread postby ROCKMAN » Mon 15 Sep 2014, 17:01:45

steamy - The only question I would have about your take on the hype is who are those "big investors"? IOW who, besides the Big Oil, is spending anything to develop shales anywhere in the world? Even in the hot Eagle Ford Shale I haven't heard of any "big investor" except for knowledgeable oil companies. But there might be a lot of investment money going into the stocks of those companies. But that's very different than investing directly in the drilling efforts.

Which gets back to my point about this story: who are they trying to gin up: the oil patch knows what it does and doesn’t want to do with foreign shales plays? So who is being targeted with such tales?
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Re: Secret documents details US Gov's global push for Shale

Unread postby steam_cannon » Mon 15 Sep 2014, 17:51:28

ROCKMAN wrote:...But there might be a lot of investment money going into the stocks of those companies. But that's very different than investing directly in the drilling efforts.

Which gets back to my point about this story: who are they trying to gin up: the oil patch knows what it does and doesn’t want to do with foreign shales plays? So who is being targeted with such tales?

Who was targeted for the Monterey play? Those California investments were totally ginned up and sound very similar to the current Poland shale gas play mentioned above. The only point I was making was that this sounds like a repeat of Monterey. It might be, it might not be, but that was my point.

Regarding investors, there are always investors to target and I'm not saying it's wrong to target investors. If there is anything wrong, I think it's overly optimistic estimates. That's what get's people into trouble. Anyway to answer your question here are a few articles regarding Poland, the investors look like they are the Polish government and a few of the big oil companies.

Poland to invest $1.6 billion in shale gas exploration by 2016
"'Polish energy security and independence is a government priority,' Karpinski told parliament as he outlined the government's energy policy priorities until the end of its term next year, according to a treasury ministry statement."
http://www.platts.com/latest-news/natur ... n-26867662

Poland's shale gas dreams fade as investors complain of red tape
"Executives say firms may quit unless gas flows soon
They say red tape, tough geology hold up drilling"
"Global players remaining in Poland's shale sector include Chevron, ConocoPhillips and Eni."
"Under pressure to retain investors, the deputy environment minister and chief geologist, Piotr Wozniak, has drafted proposals for new rules that are awaiting cabinet approval."
http://www.reuters.com/article/2013/07/ ... KD20130705
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Re: Secret documents details US Gov's global push for Shale

Unread postby steam_cannon » Mon 15 Sep 2014, 17:54:28

Plantagenet wrote:... show that the activities and policies of the Obama administration actually closely resemble those that Dick Cheney set up in secret meeting with oil execs to push US energy interests during the prior administration. :roll:
Hahaha, yeah it looks a lot like the politicians elected are just going "right foot, left foot, right foot, left foot" but always the same direction.
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Re: Secret documents details US Gov's global push for Shale

Unread postby Tanada » Sat 29 Oct 2016, 11:48:40

Another failure for Secretary Clinton, for all the pushing and hyping world shale exploitation remains a very small portion of the world energy supply system.
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Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Secret documents details US Gov's global push for Shale

Unread postby Plantagenet » Sat 29 Oct 2016, 12:47:27

Tanada wrote:Another failure for Secretary Clinton, for all the pushing and hyping world shale exploitation remains a very small portion of the world energy supply system.


True enough, but we're looking at Hillary having another 8 years to push fracking once she becomes President.

This article shows just how hypocritical the Ds were under Obama. The Obama administration was secretly pushing for more fracking and greater use of fossil fuels while Obama was publicly saying he was against fossil fuels because of his "concern" over climate change. The revelation that Sec. of State Hillary Clinton played a big role in secretly advocating and pushing for global growth in fracking and FF consumption is a good find by VOX.

The contrast between what the Ds say in public and what they actually do in office couldn't be clearer. This article gives us a clear view of what President Hillary's energy policy is likely to look like during the next 8 years---more fracking and secret government support for increased oil and NG consumption.

cheers!

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drill baby drill! frack baby frack!
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Re: Secret documents details US Gov's global push for Shale

Unread postby dissident » Sat 29 Oct 2016, 12:47:47

Tanada wrote:Another failure for Secretary Clinton, for all the pushing and hyping world shale exploitation remains a very small portion of the world energy supply system.


It's not her fail. It is the fail of the discoveries. Poland was supposed to "liberate" itself from Russia in terms of natural gas but that effort flopped big time when the tight gas turned out to be mostly nitrogen and not CH4.
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