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