Putting Putin in his place
Editor's note: This op-ed was written by William F. Shughart, J. Fish Smith Professor in Public Choice at Utah State University. It was picked up by several newspapers across the country through Forbes, Fortune, McClatchy-Tribune News Service.
By WILLIAM F. SHUGHART II
McClatchy-Tribune News Service
No one hates the U.S. shale revolution more than Russian President Vladimir Putin.
Read more here: http://www.adn.com/2014/05/20/3477178/putting-putin-in-his-place.html?sp=/99/328/640/3931/#storylink=cpySurging U.S. oil and gas production is a nightmare he can't escape. Already, U.S. gas production and the promise of U.S. liquefied natural gas exports have Russia's European customers demanding cheaper prices for gas, and the Russians are reluctantly agreeing.