Member Info for MarktheSpark

May I just add my appreciation of AWK’s contribution to this board, and indeed to the IGAS board before that. He always offered practical comments. I hadn’t realised he had passed and am saddened by the news. RIP.

Dominic Raab, deputy Prime Minister, being touted as caretaker leader. In 2019 he tweeted the following…
“Important article by Natascha Engel [ex shale tsar] on the role of shale - for those serious about coming up with credible answers to the climate change challenge. Fracking has a crucial role on the road to renewables.”

If any of the leadership candidates are involved in the fracking decision, they won’t want to make any controversial decisions. They will, in my opinion, either reject or kick the can down the road. That’s bad for the SP and the country. Hope I’m wrong.

If any of the leadership candidates are involved in the fracking decision, they won’t want to make any controversial decisions. They will, in my opinion, either reject or kick the can down the road. That’s bad for the SP and the country. Hope I’m wrong.

Mirasol, Many thanks for the clarification.

Can anyone turn these two messages into plain English please. Give the SP drop, I presume it wasn’t good news.

My guess about 54p if they agree to fracking, about 20 if they don’t. Keep ‘em X’ed.

The decision this week (or soon) on removing the fracking ban is enormously important for the U.K. given that “Some experts say 10 per cent of the resources would make the UK self-sufficient in energy for 50 years.” (From the Daily Mail). The government source quoted by the Mail seem to be very positive about a change but does this news get any coverage from the rest of the press? As far as I can see..almost nothing at all. It’s crazy.

The Daily Mail has suggested that the ban on fracking will be reversed this week so onshore production of oil but especially gas will be increased within a couple of years.

“Russia’s actions have made security of supply a bigger issue. And… gas produced here will have a lower carbon footprint than gas we are importing.?”

But….keep .’em crossed.

The Daily Mail has suggested that the ban on fracking will be reversed this week so onshore production of oil but especially gas will be increased within a couple of years.

“Russia’s actions have made security of supply a bigger issue. And… gas produced here will have a lower carbon footprint than gas we are importing.?”

But….keep .’em crossed.

Reported in the Telegraph “An announcement on fracking is coming next week, says Kwasi Kwarteng, the Business and Energy Secretary”.

Reported in the Telegraph “An announcement on fracking is coming next week, says Kwasi Kwarteng, the Business and Energy Secretary”

British Geological Survey report due to be handed to the government today, maybe the rise is a rumour of positive response.

British Geological Society Report due to be h

Dunno, other shale shares, eg EDR not following. Maybe takeover rumour not known to us ordinary mortals or maybe IGAS seen as 3 way bet by investors, 2000 barrels of oil production with 120 handle on the way, shale prospects and thermal heating developments on the way.

Mr Kwasi Kwarteng said this week “we cannot escape the fact geopolitics has changed. He said: “We have always been clear that shale gas could be part of our future energy mix, but we need to be led by the science and above all we need to have the support, the ongoing support of local communities.” That’s the nearest thing to a U turn in energy you are likely to get.

Yes, Amrita Sen, respected O&G expert suggested on Bloomberg today that gas rationing is very likely this winter in Europe. It is unlikely to be imposed on domestic customers who will be protected but still a huge blow to growth. On top of a summer of discontent and 10% inflation it looks grim for the economy. The issue of shale gas as part of the solution just won’t go away. There are already 30 -40 MP’s onside.

Yes, brilliant news, we now have to see how the local authority responds to the plan for the new gas pipe into the National gas system. Surely they can’t object given it will reduce flaring and in the face of the Heat or Eat Emergency.

No BS this price drop is absolutely mental. Russia has just cut off supplies to Poland & Bulgaria which will put a rocket under gas prices this week. The oil price will follow on especially when the inputs from the strategic reserves run out in the summer. The whole issue of energy security will come into greater focus over the next few weeks. Egdon is in prime position to benefit from these changes.

When Kwasi Kwarteng spoke about shale gas he said…”It remains the case that fracking in England would take years of exploration and development “. So his alternative announced today is 8 new nuclear power stations that take 20 years to come on line. Doh!