FRACK OFF!

Major Topics

• Some of Europe’s Major Energy Challenges

• Europe’s Reliance On Fossil Fuels

• Europe Says FRACK OFF! To Fracking

• Major Challenges For Fracking In Europe

• European Industry Becoming Less Competitive From High Energy Costs

• Energy Analysis Of 28 EU Member States

• Can The U.S. Export Enough Shale Gas To Europe?

Some Of Europe’s Major Energy Challenges

• Lower The Cost Of High Energy Subsidies From Promoting Renewable Energy

• Reduce Europe’s Dependence Upon Russia’s Crude Oil & Natural Gas

• Reform The Emissions Trading System, (ETS)

• Integrate Power & Gas Markets In Europe

Europe’s Reliance On Fossil Fuels

• Europe Consumes 375 Million Tons Of Coal Annually. Coal accounts for 25 percent of electricity generation, in Europe

• Europe Consumed Over 18 Trillion Cubic Feet Of Natural Gas, in 2013, or 51 Billion Cubic Feet, Daily. Natural gas accounts for 20 percent of electricity generation, in Europe

• Europe Consumes over 13.5 Million Barrels Of Crude Oil Daily

Europe Says FRACK OFF! To Fracking

• Countries Which Have Instituted Bans On Fracking Include:

• France

• Bulgaria

Countries Utilizing Fracking Include:

• Great Britain

• Poland

• Spain

• Denmark

• Romania

Countries Completely Dependent Upon Russia For Natural Gas Include:

• Finland

• Latvia

• Lithuania

• Bulgaria

• Slovakia

European Industry Becoming Less Competitive Due To Energy Costs

• Major European Industrial Companies Expanding Within U.S. Companies Include:

• BMW

• Wacher Chemie

• Huntsman

• Voestalpine

Major Challenges For Fracking In Europe

• Political, Social, & Environmental Opposition

• Europe Is Densely Populated

• Lack Of Pipeline Infrastructure

• Shale Gas Concentrations In France, Bulgaria, & Poland

U.S. Shale Gas Impacts

• U.S. Shale Gas Will Provide Very Little Impact In Short Term

• Will Bring About Greater Global Flexibility Which Can Impact Europe Over Long Term

• Asian Economies Will Compete With Europe For U.S. Shale Gas

FRACK OFF!

• Developed By Vincent J. Lentini

• FRACK OFF! Will Be 50 Pages

• Will Be Available On Amazon & iTunes, for $2.99, The Week Of July 21st

• 4 Other eBooks Available On Amazon & iTunes

• Other Titles Will Be Released, In 2014