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Cuadrilla had already moved in February to cap the last two remaining high-volume UK sites.

So he's banning what, exactly. An Australian company that admitted their UK fracking would have a “basically insignificant” impact on prices?

"George Osborne's plan to drive down energy prices through a shale gas revolution was dealt a blow when Britain's sole active shale gas producer said that even a boom would have a “basically insignificant” impact on prices.

At a meeting for concerned residents at a potential fracking site in West Sussex, a Cuadrilla representative was asked to comment on whether shale gas could drive down customers' energy bills.

“We've done an analysis and it's a very small…at the most it's a very small percentage…basically insignificant,” said Mark Linder, a public relations executive at Bell Pottinger who is also responsible for Cuadrilla's corporate development."

Just look at all that commerce LOFL!

2 people who still have jerbs in Cuadrilla's operations on the Continent, where the most productive shale is far more easily accessed than the UK.


47 posted on 10/26/2022 7:53:07 AM PDT by StAnDeliver (Tanned, rested, and ready.)
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To: StAnDeliver
"Fracking is not going to reduce gas prices in the UK, according to the chairman of the UK's leading shale gas company.

The statement by Lord Browne (former chairman of BP and former chairman of major fracking company Cuadrilla), one of the most powerful energy figures in Britain, contradicts claims by David Cameron and George Osborne that shale gas exploration could help curb soaring energy bills.

High-profile protests hampered Cuadrilla's operations at Balcombe in Sussex in the summer but Browne said: "Cuadrilla is not going to frack at Balcombe."

And there is the other shoe dropping. The Tories banning a non-extant industry in the UK prevents Green-grifting po'testors from inciting rural riots and creating bad optix in Torie-land.

48 posted on 10/26/2022 8:04:01 AM PDT by StAnDeliver (Tanned, rested, and ready.)
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