31MAR2018 (02:36 UTC-07 Tango 06)  11 Farvardin 1397/14 Rajab 1439/15 (second month) Yi-Mao 4716

In Netherlands, the NAM (Royal Dutch Shell/Exxon) operated Groningen gas field (which contracts extraction work to U.S. based Halliburton) is the biggest in Europe.  90% of Dutch homes rely on it. 1-thousand-7-hundred Dutch businesses are addicted.  Germany, France and Belgium are big customers.  Earlier this month a deal was signed with Japan’s Mitsubishi-Hitachi to produce hydrogen with gas from Groningen.  But apparently none of that matters as the Dutch government announced plans to shutdown Groningen by 2030.

One of many Halliburton extraction wells at NAM Groningen

The official reason is that years of fracking/extraction has resulted in thousands of Dutch homes damaged by numerous earthquakes, and increased health problems of taxpaying citizens tied to fracking operations.

It should be noted that efforts were made to reduce quakes by reducing extraction, but it didn’t work, the quakes kept coming. In January, the Groningen region was hit by the biggest earthquake in the past five years.  It was a measly 3.4, but that’s the typical Richter of quakes caused by fracking.  It was also the sixth quake in that region that month. 

According to Wikipedia: “Since 1986, there have been around 1,000 induced earthquakes in the northeast of the Netherlands caused by the exploitation of the Groningen gas field near Slochteren.”

The government of Netherlands is making big money off Groningen, but will shift to big taxpayer spending as after 2030 much needed fuel will be made from imported gas, refined in a new taxpayer funded $616.6-million USD nitrogen plant.  But here’s some conspiracy theories;  Is Groningen literally running out of gas?  Or is that the Dutch government is bracing for a plethora of lawsuits from families and business that have suffered damage from the fracking quakes? Or is that the shutdown of Groningen is meant to drive up the low prices of gas, already “Dutch TTF natural gas prices have risen in anticipation of a government decision on how fast to further reduce domestic production…”?

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