RE: ..........4 Apr 2022 23:41
Mick-b frac not as good as USA the geological not the same and reserves unpredictable.
Energy bills
Some have also suggested that UK shale gas production would reduce the cost of energy for UK consumers. However, this is based on the false assumption that UK shale gas would be sold significantly below the international market price for natural gas. A study published in March 2020? by Warwick Business School pointed out: “It is widely recognised that the open and liberal nature of the UK’s gas market means that the market price – the National Balancing Point (NBP) – is unlikely to be influenced by shale gas development.”