• Natural Gas News

    Financial Express: Shale Gas Could Be Towerful Ally

    old

Summary

As we face a looming energy shortage, and ever-escalating household bills, can shale gas really deliver?

by:

Posted in:

Press Notes

Financial Express: Shale Gas Could Be Towerful Ally

BILLED as the 21st-century equivalent of North Sea oil, with the potential to turn the Lancashire coast into an unlikely new ­Arabia, shale gas is said to be abundant under the Pennines, Wales, Scotland and Northern Ireland.

It is extracted using a process called fracking, and exploration has focused around Blackpool. In the US, production has caused the price of gas to halve and experts here say it could free Britain from reliance on imported gas for decades.

As we face a looming energy shortage, and ever-escalating household bills, can shale gas really deliver?  MORE