The same is true of the boom in shale gas in America, the recession in Europe and the accident at the Fukushima nuclear-power plant in Japan.
ECONOMIST: Thanks to LNG, spare gas can now be sold the world over
This narrative got a large boost following an April 19 accident at a Chesapeake Energy Corp. natural gas well in Pennsylvania about 25 miles south of the New York state border.
While Moscow said the failure to notify Ashgabat was an accident, Russia simply did not need the gas as European demand was down significantly due to the financial crisis and a relatively warm winter.
No new plants have been ordered there since the accident at Three Mile Island in Pennsylvania in 1979 (when radioactive gas escaped from a nuclear power plant), though some that were being built were completed.
PRAGUE A powerful explosion in the historic center of the Czech capital city was the result of a leaky gas pipe, not a terrorist attack, and there were no deaths from the accident, the city's mayor said Monday.
And it's no accident that in a state with so many drivers, recent memories of high gas prices, and a fair number of environmentally concerned consumers, auto manufacturers are showcasing more fuel-efficient and cleaner running machines.
He added that there were other significant claims still to be settled, including offshore oil and gas industry damages as a result of the moratorium on deepwater drilling put in place after the accident, casino losses, fisheries, financial institutions and real estate developers.
BBC: BP gets record US criminal fine over Deepwater disaster
City Manager Troy Schulte said it appeared an accident by a utility contractor had caused the blast, and a statement from utility Missouri Gas Energy late Tuesday reiterated that possibility, but Berardi and others cautioned that the cause was still being investigated.
Most of the people who have died over a number of decades in Pemex accidents have been contract workers and Mexicans killed by fuel leaks and gas explosions victims that aren't counted as workers for the purposes of reporting industrial accident rates, said George Baker, who runs a Houston-based energy consulting firm.
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