This is a Wake Up Call. How short our memory is. Mossadeq turned The Iranian tap off decades ago and we were paralysed. Nasser blocked the Suez Canal in 1952 and we had to resort to total coal-burning; scores died in London. We were granted some breathing space from North Sea discoveries in the 70's and we now think we are invulnerable.
Power over fracing could just be a very astute move by the Goverment. After the General Election is out of the way and normality returns then each region can push forward shale exploration with out the anti's during central government as a whipping boy. Just a thought.
I hope the big man turns them taps off. Will give Europe a big kick up the arze. Its a political bollacks.world population is 7 billion.By 2050 its 20 billion.that's a lot of fuel needed to keep us going. If your patient,then work out the math. Not rocket science is it Igasers? Russian crisis,population increase,less rigs about at the moment,can only say one thing about the long term of oil,simples,its going up in price. Gas is the future,Fraccing is here to stay in Britain. Going to be a long slog,but its happening.And Igas already the biggest licence owner is surely a winner in its own respect. Yes we have debt,£100 million apparently, but let's get real for a second? Diminishing north sea oil means huge huge huge tax losses to the government. This revenue must be replaced and its all sitting right under our arzes on this little tiny island in geographical terms. Its a huge bright light above our heads! Do it or else we will pay the price,get further behind on living standards,and give the Arabs even more money to energise our way of life. If we want to get deep,then we need to get away from the middle east or any Russian influence. Let's get real again,none of us trust one a other,lives are being lost, and we just don't get on. British commodities,for British people.
Vladimir Putin, the Russian president, has warned that gas supplies to Europe could be shut off as soon as this weekend in an escalating dispute between Kiev and Moscow over energy deliveries to separatist-controlled areas of eastern Ukraine. Europe relies on Putin while we've got all the gas we need under our feet,
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