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Monday, January 19, 2015

Shale gas
The Cuadrilla drilling site is seen in Balcombe, southern England (Reuters / Gareth Fuller / Pool)The UK’s shale gas ‘revolution’ doesn’t seem to have lived up to its hype, after it was revealed only 11 new exploratory wells are due to be drilled this year, despite the continued fall of oil prices.
UK Prime Minister David Cameron has said his government is pushing for a “shale gas revolution,”although only a handful have been confirmed as candidates for fracking, according to official government statements.
Energy firms involved in fracking projects claim the government statements were ‘speculative’ and that suggestions the UK could rely on shale gas for up to thirty years was “optimistic.”


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