Sunday, November 16, 2014

Philadelphia Freedom is Gas

The new call for freedom is from Russian oil and gas dependency. reported:

As European and North American diplomats are inching toward new global free-trade deals, trade representatives from countries including Italy, Germany, Britain, Poland, the Netherlands, and Sweden visited Philadelphia on Nov. 6 for a tour of business sites. They were eager to learn more about importing cheap gas and other fuels and raw materials from Pennsylvania and other states.

"How many of your countries import gas from the Soviet Union?" asked Michael Krancer, a former Pennsylvania environmental secretary. He represents oil refineries and gas-fracking companies as head of Blank Rome L.L.P.'s energy practice.

"I don't need to tell you what energy development means for the good guys in the world," Krancer told the European envoys. "The energy business is centered here in Philadelphia. This is the place to invest your money."

The article closed with:

Krancer said he had recently received visits from would-be energy importers from France, Poland, and South Africa, while delegations from Azerbaijan, Brazil, Chile, and Norway have visited with Pennsylvania state officials.

"We'd love to export" more energy, Krancer said. "I think we have enough for the entire world."

Spoken like a true lobbyist, complete with significant factual errors and hyperbole. 

It's a good thing the "entire world" includes the Northeast U.S. given what Krancer told CNBC.

"Houston is not as close to the demand centers as Philadelphia is. The East Coast is an amazing engine of demand," said Michael Krancer, chair of the energy industry practice at Blank Rome law firm. 

Europeans wantinj to replace Russian energy should consider who they're dealing with.  Snake oil salesman.