Natural Gas For Cars: Harder to Steal

Vladimir Putin said something funny and obvious about natural gas (or it should have been obvious if I lived in Russia)

“Russia should follow the lead of Gazprom and have more cars running on natural gas instead of traditional gasoline, according to President Vladimir Putin. It is cheaper and more eco-friendly, he said.

Gas fuel is, of course, more environmentally friendly. And we have great competitive advantages in this because we have enough of this fuel. More oil and petroleum products can be sold on the foreign market, as it is more profitable than gas sales,” Putin said on Thursday, speaking at a meeting dedicated to the development of Russia’s regions.

Putin also pointed at Gazprom as an example of how gas fuel saves money. When the company switched to gas fuel, many of its drivers retired because they no longer had an opportunity to steal gasoline.

The president was referring to drivers working for state companies who commonly fill up using corporate credit cards, then siphoned and resold the petrol to other drivers.

“And what about the army? What is happening in the Ministry of Defense and in other departments? I think comments are needless,” said the Russian president, apparently hinting at the same practice.

“Natural gas fuel will have a huge positive economic effect and will create competitive advantages for the whole economy. Therefore, it is necessary to continue, of course, to support its development, both at the governmental level and at the regional,” Putin added.”

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Putin was changing the map while Europe was saving the climate

It is scary to think about how stupid some of the world’s politicans have been. Europe and its big green collaborators have fought long and hard to stop fracking in Europe. Putin got his money’s worth.

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“Europe has had nearly a decade — since Moscow cut off gas supplies to the region for the first time– to ready itself for renewed Russian misbehavior, but has been caught as flatfooted as Obama. Instead of reducing their dependence on gas from Ukraine and Russia, the leaders of Western Europe have chosen to combat climate change. Instead of investing in secure energy, the EU has invested in green energy, driving up energy costs, reducing competitiveness, and allowing Putin to remain in the driver’s seat.  

Russia today supplies 30 percent of Europe’s natural gas; half of that flows through Ukraine. In 2006, when the Kremlin first cut exports to the region, Siberian gas provided only 20 percent of EU consumption.

http://www.thefiscaltimes.com/Columns/2014/03/19/How-Europe-and-Obama-Lost-Leverage-Putin