The shale revolution that has driven down gas prices in the US is unlikely to be replicated in the UK, for several reasons The immediate problem with shale gas is the hype that surrounds it. There may well be scope to produce this type of energy in Britain, but volumes are likely to be limited, infrastructure costs high and local opposition even higher. An enormous lobbying effort by some in the business community has turned heads in Westminster. George Osborne in particular is one who now belie...
The shale revolution that has driven down gas prices in the US is unlikely to be replicated in the UK, for several reasons The immediate problem with shale gas is the hype that surrounds it. There may well be scope to produce this type of energy in Britain, but volumes are likely to be limited, infrastructure costs high and local opposition even higher. An enormous lobbying effort by some in the business community has turned heads in Westminster. George Osborne in particular is one who now belie...
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