if shale gas extraction goes ahead, it will be a boon to new brunswick's struggling economy. the province anticipates it could generate over a thousand jobs and 1.5 billion dollars, staunching the exodus of workers west to alberta's oil sands. >> to have that kind of revenue inflow and that kind of potential, it would have a dramatic impact on the province. in fact, on the studies we looked at just a few weeks ago indicates that shale gas development could actually double the economic growth rates in the province. >> three years later these were the images from new brunswick flashing across canadian television screens. royal canadian mounted police guns trained on first nations people, police cars sent up in flames. >> we seized a number of firearms from the encampments at the protest site. we also found explosive devices, a large amount of ammunition, knives, and bear spray. several shots were fired from within the encampment. molotov style explosives were thrown at police, and six rcmp vehicles were destroyed by fire. >> fault lines has traveled to the province of new bruns

the shallow deposits as well. >> how would they get the shale oil?ould the equipment go when and how would it affect the water? >> right now, the shallow deposits are being targeted, which would mean it is stripmining, much like you see mountaintop removal or coal mining. >> is in tourism in utah one of its main sources of revenue? >> there is a lot of tension between fossil fuel extraction, industrializing landscapes for fossil fuels, and protecting them for tourism. your organization doing? >> we are engaged on a number of different fronts. in 2012, the obama administration allocated 800,000 acres of public land as available for oil shale and tar sands leasing. we are challenging that leasing framework in court, federal and district court, and also challenging several of the individual projects that are moving forward. the first tar sands lease pursuant to that leasing program in addition to oil shell projects on state land. companies that will stand to benefit? estonian company -- >> from estonia? >> essentially, yes. estonia has relied on oil sha

you do not have to wait for shale gas. it is not only knowledge, it is also investment and managerial expertise. before you can do that, ukraine needs to clean up its act in terms of its energy sector. today they import gas from russia, around $300 for every 3000 cubic meters. be going up on april 1. providing $40 per cubic meter for the same gas for domestic production. domesticasizes reduction. all of that needs to change. the reason it is not an accident, as they say, it .acilitates corruption for 20 years the ukrainian energy sector has been hampered by corruption from the top. if we do anything at all, it should condition the aid that we are citizens -- considering giving the ukraine to the imf and other western donors on fundamental structural reform of the energy sector. >> i heard you touch on this in terms of for we could do, in addition to what we are doing now when it comes to helping these countries. >> thank you for your leadership on this issue. i think that we need to do both. no question, providing technica

push to export record national gas shale could severely damage putin's grip on europe. our question, will the u.s. government make it happen. >>> and listen to this. from senator marco rubio. >> there is no better economic model for equality of opportunity than the american free enterprise system. we no longer have the luxury of wasting time on the failed promises of big government or the divisive rhetoric of class warfare. >> senator rubio about to engine me to talk about his plan to finally spur real economic growth and keep america great. all those stories and much more coming up in the "kudlow report" beginning right now. >>> good evening. i'm larry kudlow. this is the "kudlow report". we're live at 7:00 p.m. eastern and 4:00 p.m. pacific. we have late breaking details on the still missing malaysian airline flight. >> reporter: it's now day four since it went missing simply disappearing off the radar scopes. and government officials here by their own admission are perplex perplexed, they are puzzled about the circumstances. we have had a lot of false hopes, a lot of

potentialearly has shale gas.t has not been tested but it seems on most analysis that it has got a significant resource. poland has a resource. it is unclear quite what size it is and i think it would be a off therong to write scale of poland on the basis of 10 wells in the entire country. it is too much of a reaction. right now it is saying to keep an open mind. ukraine today, the worry about ukraine is that it takes a lot of gas from russia. russia can change the price of that easily. it is discounting it to ukraine. ukraine also is the conduit for gas in europe. that is much less than it used to be because of other pipelines which has taken away the dependence of one bottleneck. that is the fact. i think the other factor is for ,he principal part of europe europe as we know it has not had a gas interruption resulting from russian action. laces like georgia and the ukraine. as to the rest of europe, i think since 1975, i am not trying to be an apologist. i think there has been no interruption in gas supply. the

of rising number of earthquakes like the states of texas in the hyatt which scientists linked city shale gas extraction at the european positions take things into account when making decisions about fine i think some of them tend to think that well this is a united states we have the geology will do things differently. this is something to worry about too much for us. if you know we would be saying this is exactly why environmental impact assessment of necessary showed us so that you really are looking up one of the tutelage of circumstances what do you think of the potential outcomes and that he'll really be above the lake to that before anything goes ahead. and so we think that in the revision of the legislation we've got this week. we haven't really gone far enough of this week of the greatest skill is adamant it's good to me told sam katz. lol has seen a massive anti demonstrations across the view from the uk each year for a maniac at all positions listening to them as people if they are coming out and protest. i think in some places politicians are listening to the right at the end

view is eastern and western europe should begin to develop their own natural gas resources including shaleas. >> reporter: but it could take years, a time line that has access rated calls year in the united states to loosen restrictions on u.s. exports of natural gas. >> reporter: currently 24 applications are under government review that would allow u.s. energy producers to export natural gas to countries to which the u.s. does not have a free trade agreement. but producers would be free to sell to the highest bidder, and that may not be europe. uncertain? >> it is good to consumers? it may lead to higher prices. but natural gas exports overall i think is a good thing. >> reporter: and some say it would send an important signal to moscow. >> it would begin to put pressure on the russians to not use gas in quite the same way they have been. >> keep in mind that roughly 70% of russia's exports are in the energy sector. if moscow does taufrn the taps to ukraine it would cause russia a good deal of economic pain on its own. >>> and you just heard, western leaders are strategizing to loosen ru

there's shale gas. crimea has almost 100% of ukraine's shale gas reserves.kraine would be a big exporter of shale gas. that would mean that russia would lose its biggest customers in europe. europe would get a major alternative source of energy. putin basically killed the whole idea of energy independence for ukraine. not many people talk about this. there are american companies that have interest in the shale gas. it is really a big political gamble. for the rest of ukraine, there is long-term destabilization. >> what does the west have to do to stop this. >> there are lots of things at stake for the west. there are big challenges. what is really happening now is that ukraine is 10 times bigger than georgia. if he is not stop here, he will go further. there is an american website that publishes something based on u.s. diplomats from 2008. i was predicting the precise time of the crimea operation. i hate to predict it this way. but my next prediction is that if he gets oil, he will go into the baltic states, even if they are members of nato. this guy wants t

despite there being a moratorium on fracking in the country but the actual amount of extractable shale reserves in the u.k. is as yet still unknown public sentiment to over the issue is difficult to gauge a recent poll commissioned by the university of nottingham suggested public support for fracking has been decreasing this is being done by the budget and chief. they did take place in the u.k. say five hundred people like you can be taken to the streets to join in the rally and there's more exploratory drilling begins to take place in the u.k. you could see this until now relatively small anti fracking movement begin to find a louder voice so if r.t. reporting from manchester. gets worn britain's anti fracking movement as ulti dot com and discover why the protestors are feeling to the government to think twice before supporting the potentially toxic drilling. and else online for you these really teens away in our cultures over conscription they've written to the prime minister refusing to dawn on the uniforms over the violation of human rights in the west by. also that unusual buke sc

state of the particles local officials called for the operation and which are proven to be special shale gas drilling method. the much more studious that it was good this is looking to do with the two different day. with even more tough talk from america's top diplomat joan keri says that serious steps against russia could come as soon as monday is crimea goes ahead with its referendum even more that diplomatic tensions may a fake peace effort to ward told syria most of the chicken reports what we have hard at it you laugh as secretary of state john kerry basically saying that like you mentioned a series of very serious that would follow if the referendum and cranial were to go ahead. this sunday there will be a response of some gun into the referendum itself. and in addition if there is no sign of any capacity to feel them move forward and resolve this issue. there will be a very serious serious areas of steps on monday in europe and here. with respect to the options that are available to us. he has also said that contingencies have been put in place. i'm just in case russia decides to

a number of allies the president met today have shale gas bans. france, germany has a ban on fracking. 40% of germany's gas demand comes from russia. so getting together with allies to talk about what they can be doing to improve themselves and lesson their reliancreliance. >> thank you, madam chairman. good to have you here next our our friend and former chair senator wyden. to those on the panel, good morning and welcome. i apologize i was tardy this morning. but because i wasn't excited to hear the poin opinions and wisdom of each of you. i thank you for your leadership in many areas. mr. goldwn you said it was rather we had time to work on the exports. we released a report about the narrowing window when the comes to the narrowing export of window. i recognize we are in a position that is envious by many. we are up here talking about this from a position of abundance rather than scarcity and discussing the oil as a strategic asset is a remarkable story coming from the united states and the technology that is allowing us to access amazing resou

parliament votes to effectively exclude shale gas from tough environment. with the latest worldwide headlines live from moscow international with me. from the entire news team here thank you for joining us america will stand with ukraine the words of u.s. president barack obama following a public display of mutual affection with ukraine's interim prime minister arseniy yatsenyuk responded with a pledge to continue what he called his country's fight for freedom. takes a look behind the rhetoric. the head of sunday's self-determination referendum in crimea to vote on whether or not to become part of russia the us president says america supports the right to self-determination of the ukrainian people just not when it comes to this referendum which the us does not want to acknowledge. the united states. making sure people. are able to turn the girl these statements come after a meet and greet between obama and ukraine's interim cool pointed prime minister. in washington d.c. on wednesday this is d.c. is largely seen as a show of mutual affection between the int

rock shale gas production is already well underway in the u.s. but stories about water contamination and earth tremors as a result of fracking have led to growing concern in the u.k. the government to try to win support for the expansion of the controversial process by saying it could bring seventy four thousand jobs and more than three billion pounds of investment to the country but not everyone's convinced. i don't feel like there's an off line against to say washington is god and i don't think there's enough evidence to say. this fracking is taking place right right you know six miles away it's taking place in a residential area. it's very similar very very strong evidence in cases of quakes the reality is though with the government firmly behind the industry exploratory drilling in the u.k. will be pushing ahead earlier this year french energy giant a towel announced. to invest into export she wells in the u.k. despite there being a moratorium on fracking in the country but the actual amount of extractable shale reserves in the u.k. is as yet

if shale gas extraction goes ahead, it will be a boon to new brunswick's struggling economy. the province anticipates it could generate oveth

with tracking operations near the earthquake sites which is producing oil and natural gas at utica shale. although the increased oil and gas drilling in central southern us have been tied to an increase in the number of earthquakes in the region there is no evidence to show that i drop fracturing is actually the pots. when i spoke with the dnr they said were halting operations and so we know for sure. what's the cries of the earthquakes tracking is a procedure that includes drilling deep into the art been checking barton out the water and chemical waste the industry claims to be benign into the dense rock formation to create fracture is that allow for oil and natural gas to flow out of the broth to be extracted but as the second part of the process of scientists have type two earthquakes in the past. during the fracturing process about two thirds of the water and cracking through its rights to the circus state of ohio work wires that wastewater be injected back into the air via injection wells as the process has been done since the eighties and occasionally teaches the pressure undergrou

i think we'll stimulate more exploration work in the hanesville shale area.n west louisiana we'll have more than enough natural gas for the petrochemical company. what's interesting, for years we used to export fertilizer out of this country, now natural gas prices we're seeing fertilizer plants reopen. you're seeing companies like nucor, i think the shale revolution has not only lowered energy prices, it's bringing good-paying manufacturing jobs back to america and that's something that benefits -- i don't care if you live in texas, north dakota, louisiana, if you're in the midwest you should care about this. these good paying blue-collar manufacturing jobs. >> something you and i -- i've heard you speak many times and i know we're very much in agreement. right now it seems like that situation in our country there's a big cohort that doesn't like fossil fuels so what we do is we allow other countries to take advantage of our own energy and basically we're exporting jobs to them, importing their product. it's not really working because they are -- it's global

despite there being a moratorium on fracking in the country but the actual amount of extractable shale reserves in the u.k. is as yet still unknown public sentiment too over the issue is difficult to gauge a recent poll commissioned by the university of nottingham suggested public support for fracking has been decreasing this is being done by a budget and see for a while. to take place in the u.k. say fine certainly hundreds of people actually can be had taken to the street to join in the rally and there's more exploratory drilling begins to take place in the u.k. you could see this until now relatively small anti fracking movement begin to find a louder voice surf city reporting from manchester. from wanted to online plenty more stories for you at r.t. dot com right now including this one model's about duty israeli teenagers send a letter to the prime minister refusing to serve in the army ranks because they regard the west bank settlements as a violation of human rights also this story while you there are saying no to nuclear crowds hit the streets of tokyo almost three years since t

a quarter of a cent think later, the shale boom are putting pressure on this country's road, rails, andaterways. tankers and pipelines still transport the majority of oil to the refineries. but in 2012 the movement of oil by trucks trains, and river barges rose to a million dollars a day, a 57% increase since 2011. that's because construction of pipelines isn't keeping pace due to the lengthy approval process and the opposition from the public. operators are forced to look to alternative ways to traps port their oil. but doing that comes with costs to safety. accidents in the past year have caused property damage in this country and loss of life next door in canada. this barge accident comes a month after another barge accident on the mississippi river. these accidents are bound to go up because the movement of soil going up. >> reporter: the oil that spilled saturday was bunker fuel oil. it has been refined, and among other things it is used for shipping oil. the barge accident has put a focus on barge movement of oil supplies. ceo of clipper data, a company that collects data on energ

the anadarko unit as well as the bakken shale and the eagle ford shale, a gigantic fine.xample, back in october, newfield sold malaysian holdings for $900 million, and in the process of selling chinese assets. by pouring that money back into the hot domestic plays expects to grow production by 31% this year. newfield reported a month ago and the numbers were, let's just say excellent. company expects their anadarko basin production to double from last year and they're forecasting 40% production in the bakken, 30% in the eagle ford. the company has raised guidance while becoming a more efficient operator drilling wells more cheaply, increasing the reserves. i recommended the stock a year ago and it's given a 35% gain. let's check in with lee, the chairman and ceo of newfield exploration and find out more about his company's prospects. welcome to "mad money." >> thank you, jim. >> sir, we were on an oil rig two weeks ago in the gulf of mexico. and one of the executives there said, you know what, company like an exxon, they've got to go to malaysia, they've got to go to indo

il and shale shale ou gas. >> we will get into some of your big thoughts. it is not time to sell the u.s. market. that is good to know. stay with me. the equity funds manager over at tcs. -- bcs. here is what is coming up. big losses at big banks. we will talk to lenders later in the hour. protests throughout turkey. we will bring you the stories. the latest on the ukraine's prime minister. the goes to washington to meet with obama. what is at stake? we will go into that later in the hour. once in london, this is on the move. streaming on your phone, your tablet, and on bloomberg.com full up still with us is the global equity funds manager. or in the break, we discussed a couple of ipos and what is your that at home. you have a lot of valuation in this area that is a little stretch. flex we had a rush to the market by a lot of by the equity groups on.have tried to hang but you are disparaging a private equities. are all very rich. that is what i have to say and i think that these are scary. you look at the recent valuations and that was off of the scale. is

shale gas does chile we've got a rough idea of how much is potentially and probably down there is not exactly the same as how much we're going to be able to recover from the ground or how much of that is going to be economically viable to recover from the ground as well how much exactly when. this early stage things are only potential until we've actually got to the point where we can make. when we can make real concrete decisions and assessments about what we can recover everything so new potential the mayor of london has suggested that the children of islamic extremists should be taken into care by social services to avoid the risk of them becoming radicalized boris johnson who is no stranger to controversy he said that such an upbringing equates to child abuse and made comments after the sentencing of the killers of british soldier lee rigby which led to a massive wave of muslim rhetoric across the u.k. the host of artie's sputnik showed george galloway he says it's really quite simple young muslims are radicalize. when the west attacks islamic countries. it's made the muslim commu

he's just incredible prize the franking of the shale gas and that brings us back to the question of she short term in the long term usually she on skype we're seeing the united states now which is suddenly becoming an energy exporter the hornets in the june issue. just a single case in the united states. united states and motion homes than any other country and do well because the more infrastructure battalion old. che gases in argentina. she dances in china chen yun xin russia and australia. maybe even in crops would know this. so it's it's changing completely the landscape of an inch not only the us upsets efficient and yes the demo producing ten dollars to do to the level of the higher than the french consumption in the uk look at the price of one of the student was excluded stable as we know this team in decades and the folks in the landscape love putting gas in the energy picture. lunch is changing. consider the motorcycle this tuesday today poland. adopting a drop cloth to speed up shale gas exploration course this could reduce its dependency on russian natural gas in the context

there is a lot of national rat gas potential in shales inside europe. it's in spain.every bit as good as what we have in dakota. a lot like marcellus in poland. hundreds of millions of acres of shale there. it's just getting it out and developing it. she could be potentially self-sufficient in natural gas. one of the things putin has to be aware of, if he shakes the energy tree very hard, he's going to persuade europeans they can no longer afford to rely on natural gas. they will be able to go their own way with a combination of slal from europe, england and imported from the united states. catr and others from europe, many building receiving stations to take that lng now. >> clearly the immediate impact is a massive destabilization of the ukrainian economy. maybe they underestimated the amount of the aid that was propping up and ukraine could also ab factor. no? >> it's a big factor. ukraine is going to be destabilized economically as a result of this no matter what. even if putin decides to let go of crimea, pull out, owes billions to russia for natural gas. so if t

group says a manufacturing renaissance of sorts is now under way in his country, in the midst of a shaleas boom and he has called on japanese businesses to step up investments. the usa executive director made comments in an interview with nhk and tokyo. his group is pro-moetding foreign direct investment in the united states. >> conditions are ripe for investment in the u.s. we've got the energy, one of the areas with newfound sources of energy in the area of gas and oil that continues to drag down costs of energy. >> he said lower energy costs stemming from the rising production of shale gas are breathing new life into the u.s. manufacturing industry. he noted this is prompting more firms to shift their production bases back to the u.s. from emerging economies. >> sort of a manufacturing renaissance that we are witnessing now, and we think it's not an aberration. we don't think this is just a three-month affair, or a six-month or one year or two-year. we believe this is at least for the foreseeable future, we believe this trend would continue. >> it was set up in 2011 because of' declin

politicians exclude shale gas from its latest legislation. this. is an update about environmental impact assessment and what we wanted was to have a compulsory assessment every time there's plans for exploration for drilling. unfortunately agreement we've managed to get from parliament with member state government leaves out that compulsory element it's very much up to the individual member state how they're going to do that and we think that that's a real error we need to be actually looking at the potential impact every time that we're putting in place additional drilling or indeed extraction why is fracking banned in countries like germany and france for instance. i would say that's because they've got governments that are. the forward thinking on the other hand i think what it is is that the governments that are very much concerned about the environmental impact they're also very much concerned about if we go down the path of developing shell gas that this is an opportunity cost where we're not really going to be putting energy into renewables

we have a huge lift from the shale revolution that is added companies.ital expenditure cycle that is going to reacceleration over the year. we will have innovation. i think the health care sector is going to be a real contributor with much higher growth. >> you're talking about the shale revolution, you been looking at the case, tell me about it. >> we put out a case for shale gas. basically, their point is that if you look at the rise in natural gas prices, that is putting coal back and play. you are seeing a lot of and histories turning back to coal in place of natural gas. strength. it is been a strong couple of months for them. the rally may already be bought out. in shale, a lot of the easy oil has artie been found. it is driven up the cost for these guys. where do you find the value? >> it is not just a case of the cost of gas going higher or oil stain higher. many companies benefit from treating storage and transporting. it is a huge boom we are going to have in exporting. many companies like commodity capital -- chemicals are huge beneficiaries.

gas and shale gas what ukraine's main hope for energy independence and for economic independence as well as will allow russia's vladimir putin ultimate nightmare because if ukraine has really done the shale gas as they were planning two years from now together with the american company, then vladimir putin would have lost the biggest cash buyer in europe, so he has all the reasons why he's there. he has to extend his -- his stay inside russia as the president. he needs to grab this gas and kill europe's alternative sources of energy and he certainly is going to -- his game is to keep the rest of ukraine under chaos and to keep a foothold at the control of this territory for good. if he's allowed to get away with that. >> mr. president, how far do you think he'll push it? on paper he has lost a lot of money, as have a lot of russian oligarchs when the russian market tumbled with energy and oil and a lot of natural gas concerns that have tumbled on concerns of their stability. maybe for his own financial self-preservation he's going to want to cool it. do you think that more than sanc

ukraine supposedly has huge reserves of shale gas. poland was supposed to have had huge reserves, but it seemed that did not pan out. think the estimates when from 44 down to 9 trillion cubic feet in the year one. is there any hope that ukraine can gain some kind of energy independence from russia in the near future? howdy use the they ukraine dynamic playing out with europe? if we are talking about sanctions against russia because of what has been happening, is there any prayer that europe can wean itself of russian gas and the time in the near future? >> let me -- i think we should take that together. >> let me start, i think, with first resources. ukraine clearly has some potential sale. not being tested cobham it seems from most analysis that it has got a significant resource. poland has a resource. it is unclear what size it is. i think it would be a little wrong to write off the scale of pollen on the basis that i think it's a little bit too much a reaction. i don't know what the answer will be. been keep an open mind. and maybe

tomolo police said lower energy costs stemming from the rising production of shale gas are breathing new life into the u s manufacturing industry. he noted that this is prompting more firms to shift their production bases back to the us from emerging economies. many thanks to nana spots. that clear. we can see now and we think it's not an aberration we don't think this is to stay. in the minds of their six month one year to year. we believe this is it nice for the foreseeable future. we believe this trend what can be. select usa was set up in two thousand and eleven because of a decline in foreign investment since the nineteen eighties. i am nearly four hundred people joined japan's nuclear regulation authority after it merged with the government backed organization. nra officials want to boost their ability to conduct safety assessments of nuclear facilities. nuclear regulation authority chairman sheila e cheese and i welcome the staff from the japan nuclear energy safety organization he said. there are great expectations for the new members as they have high skill levels and expert

hydraulic fracturing full franking is the conservation techniques for covering gas and oil from shale rock style gas production is already well underway in the us that still leaves about was the contamination and a ten is as a result of fresh king of that to granting consent in the uk. the government to try to win the call for the expansion of the controversial race as i say it could bring seventy four thousand jobs. i'm more than three billion pounds of investment to the country but not everyone is convinced. modernism in announcing the troll under the law does not sentence to save my son is going on i don't thing is not meant to say much. lifeline for about six miles of bike. once the residential area. these kids are always in the interest of evidence the goals he's been quite as silly as you stay with the government that meet the height of the industry her teacher living in the uk will keep pushing ahead at it this good friend jenny teach i think i'll announce plans to invest into the extraction wells in the uk. despite that being a moratorium on first game in the same country. but

but the method of extracting that shale gas known as fracking is huge the controversial stories about the contamination and earthquake as a result of this shale gas extraction process fracking i spoke to chris wilson from the institution of gas engine is and manages well as chris just how much of a problem that's being in trying to convince the u.k. public that fracking is a safe bet it's the single most problem barrier to the uptake of the native cell gas industry and the. public perception. in the media. it's a case of one step forward two steps back. show that does put in chile we've got a rough idea of how much is potentially and probably down there is not exactly the same as how much we're going to have to cover from the ground or how much of that is going to be economically viable to recover from the ground as well but how much exactly with. this early stage concerning potential until we've actually got to the point where we can make. when we can make real concrete decisions and assessments about what we can recover everything so any potential. our so boom bust with aaron that's

but the method of extracting that shale gas known as fracking is huge the controversial .stories about water contamination and earthquakes as a result of the shale gas extraction process fracking i spoke to chris wilson from the institution of gas engine is and manages well as chris just how much of a problem that's being in trying to convince the u.k. public that fracking is a safe bet it's the single most problem on. the uptake of the name to gas industry and. public perception. in the media. it's a case of one step forward two steps back this is a legitimate concern that people have isn't it to understand they are because they are legitimate. but also there is a distinct lack. of information. surrounding the process of the procedures in the. when we think of energy independence and things the u.k. energy security. what stage or how far off essentially do you think we are from that point. depends on what's recoverable a lot of people think that this is the silver bullet to all our energy needs. to come and exporter of gas personally i don't think that's how it's going to

just that although the government sold on the controversial technique on passing gas and oil from shale well. locals are coming out to defend the environment from being a sucker for his one and itchy giants. reports the site one of the day. we take into the sea. i cannot believe it they don't want to clean just a few miles away from when some big races take place both in most areas this already seen from him take place. so what is first game hydraulic fracturing full franking is the controversial technique for covering gas and oil from shale rock still gas production is already well underway in the us that still leaves about was the contamination and ten is as a result of fred came back to growing concern in the uk the government should try to win the call for the expansion of the confidential race as i say it could bring seventy four thousand jobs. more than three million pounds of investment to the country but not everyone is convinced. modernism in announcing the troll under the law does not sentenced to save my son is going to maddening thing is not meant to say much. lifeline by th

he could happen in the teacher's oil and gas development continues in the monterey shale. analysts are wary that the set that precedent moderate sale runs from los angeles a separate cisco and may hold billions of barrels of hard to reach oil. the industry argues that new oil and gas exploration will help the economy. but environmental groups don't think it's worth the risk was funny. convincing the epa to stop this discharge this dumping of raw chemicals and or ocean carrier california enable financial and time many policymakers in california remain in favor of exploiting the state's oil and gas reserves. whether its onshore or offshore. so that changes. environmentalists will keep fighting to keep the franking fluid out of the water. in los angeles ramon valley mill rt. across the country right here in washington d c hundreds of protesters demonstrated against the expansion of the keystone xl pipeline over the weekend the night the protesters marched from georgetown university and to end up in front of the white house. he chose to zip tie themselves to the fence outside

of earthquakes there's no investigation into whether the tremors were caused by the controversial shale gas extraction method lately the us has been rapidly developing its shell gas industry which it labels a revolution because of its supposed economic profits the downside is its potential environmental impact in terminating the soil water there with toxic materials we'd like to share and wilson says the majority of americans are on the side of cleaner renewable energy. but there actually has been quite a bit of research and we do know that there for acking causes a lot of harm fracking enabled drilling has tremendous emissions the methane is bad for our climate and we do know that water is getting contaminated and eighty six percent of americans want clean renewable energy resources anyone who watched what's happening in the united states and in australia and canada would know that there are too many problems to go forward with this at this time across the atlantic the e.u. parliament has voted for tougher environmental checks on or and gas exploration but it is excluding show gas now

the biggest landowner in the bakken shale in north dakota. here's a company that directly benefits from turmoil that could restrict energy exports from russia, driving up the price of crude worldwide. it know it seems a little illogical given that continental's crude goes to gasoline in this country. remember gasoline in this country is priced off the inflated oil price set in europe, not by the domestic price here. and that means bakken oil is even more valuable to east coast refineries than ever because of what was happening with ukrainian/russian tensions. continental got pulled down by the power of the futures. and they're so all encompassing, they crush every stock right or wrong. toe tam opportunity, one that should have been seized, same with the natural gas stocks. our natural gas when it's going to be shipped to europe could help free the west from nat gas tyranny that russia exerts. in other words, it was a positive. how about theme number four. i think the issues over ukraine served to remind us how the asset class of stocks are we

parliament votes to effectively exclude shale gas from.