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Shock Doctrine Comes To Ukraine: US Fracking Companies Are Licking Their Lips Over Ukraine — Natural Gas Industry Exploits Crises for Private Gain


Bush War Machine - "Disaster capitalism" seeks to swoop in during a crisis  and turn a disaster for the many into a profit for the few.
Bush War Machine - "Disaster capitalism" seeks to swoop in during a crisis
and turn a disaster for the many into a profit for the few. (Illustration by
Mark Rain)


I call this knack for exploiting crisis for private gain the shock doctrine, and it shows no signs of retreating. We all know how the shock doctrine works: during times of crisis, whether real or manufactured, our elites are able to ram through unpopular policies that are detrimental to the majority under cover of emergency. —Naomi Klein


By
The way to beat Vladimir Putin is to flood the European market with fracked-in-the-USA natural gas, or so the industry would have us believe. As part of escalating anti-Russian hysteria, two bills have been introduced into the US Congress – one in the House of Representatives (H.R. 6), one in the Senate (S. 2083) – that attempt to fast-track liquefied natural gas (LNG) exports, all in the name of helping Europe to wean itself from Putin's fossil fuels, and enhancing US national security.

According to Cory Gardner, the Republican congressman who introduced the House bill, "opposing this legislation is like hanging up on a 911 call from our friends and allies". And that might be true – as long as your friends and allies work at Chevron and Shell, and the emergency is the need to keep profits up amid dwindling supplies of conventional oil and gas.

For this ploy to work, it's important not to look too closely at details. Like the fact that much of the gas probably won't make it to Europe – because what the bills allow is for gas to be sold on the world market to any country belonging to the World Trade Organisation.

Or the fact that for years the industry has been selling the message that Americans must accept the risks to their land, water and air that come with hydraulic fracturing (fracking) in order to help their country achieve "energy independence". And now, suddenly and slyly, the goal has been switched to "energy security", which apparently means selling a temporary glut of fracked gas on the world market, thereby creating energy dependencies abroad.

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