And just for the frack, now that pump and dump is over…25 Sep 2022 16:24
Prof Jonathan Stern from the Oxford Institute for Energy Distinguished Research Fellow and founder of the Natural Gas Research Programme at the Oxford Institute for Energy Studies (OIES). He holds professorships at the University of Dundee and Imperial College, London; and fellowships at the Energy Delta Institute and the Institute of Energy Economics, Japan (in Tokyo Studies says: "The main issue is that if you started drilling tomorrow, had success the day after and everything else went to plan, it would still be two to four years before you could produce enough gas to make a difference to UK output. Reversing the ban on fracking does not present an easy, quick answer to high energy bills either. Prof Stern said research 10 years ago had concluded that fracking wasn't viable in Europe and that was still the case. "The problem is you don't know if you have a worthwhile resource until you've dug 50 to 100 wells, and that's a huge problem in Europe." …But the boss of the fracking company Cuadrilla welcomed the lifting of the moratorium, saying: "This is an entirely sensible decision and recognises that maximizing the UK's domestic energy supply is vital if we are going to overcome the ongoing energy crisis and reduce the risk of it recurring in the future.