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Sunday 20 May 2012

I don’t frakking understand.

According to the Independent Newspaper, frakking for Shale gas has been turned down by the Government.

The Government has rejected shale gas technology as a solution to Britain's energy crisis, conceding it will do little to cut bills or keep the lights on.

However the reverse statement was made by Reuters that the Government had given the Green light  for shale gas extraction.

(Reuters) - The government on Tuesday (17th May 2012) backed the exploration of shale gas nearly one year after it temporarily banned the drilling method which triggered two earthquakes in Britain but that has also revolutionised the U.S. energy market.

Who to believe?

Estimates of Total UK Shale Reserve Potential
In terms of shale gas potential, according to the British Geological Survey (BGS)26, the UK has abundant shales at depth but their distribution is not well known. BGS and the UK Department of Energy and Climate Change (DECC) published the report Unconventional Hydrocarbon Resources of Britain’s Onshore Basins - Shale Gas in December 2010. Making some assumptions and applying analogies with similar producing shale gas plays in America, BGS estimated the UK shale gas reserve potential at 150bcm. The report identified significant potential areas in northern England, including the Widmerpool Gulf near Nottingham and a large area centred on the Elswick Gasfield, near Blackpool.

And there are other reserves not mentioned.

Australia-based energy company Eden Energy said this week that a study of some of its UK exploration licenses in south Wales shows they could hold 12.8 trillion cubic feet of recoverable shale gas reserves (362 billion cubic meters).

Strange.

Oh and Kent, Surrey, and Sussex have Shale formations. And of course offshore as well..

If there is indeed such a supply of cheap natural gas available and the government is trying to block the production of this resource, then I would suggest you contact your MP and get him to ask. Why?