HALF-FULL REPORT 06/22/12
We're going to go global before we get to the ever-unfolding disaster of Zero - and we'll start with a headline this morning that split my face in half with a smile: Gazprom Biggest Loser As Shale Gas Upends World Markets.
The Russians are fracked. The news has been full of Putin the Punk pushing his dinky weight around - trying to send combat helicopters to Syria (only to be cleverly blocked by Britain), backing Iran getting nukes (as long as the nukes are "peaceful"), extorting Europe with sky-high gas prices.
Gazprom, the Russkie oil monopoly, is Putin's cash cow. Yet while its sales are collapsing due to US and Chinese fracking, Gazprom continues "to take a ‘head in the sands' position on shale gas," the story above reports. Russia doesn't have the technology, the expertise, nor legal protection for investors to frack in Siberia at anywhere near a competitive extraction cost.
Goodnight, Gazprom. That's good news for the world. And good news for the US is Zero's desperation this week.
Yesterday (6/21), John Boehner gave a press conference in which he denounced Zero's invoking Executive Privilege to prevent Congress from access to Fast & Furious documents as "an admission that White House officials were involved in decisions that misled the Congress and have covered up the truth." "What," he asked, "is the Obama Administration hiding in Fast & Furious?"
Boehner knows just what they are hiding. So does everybody else in town.
