The United Kingdom says “Yes!” to fracking

posted at 3:31 pm on December 16, 2012 by Erika Johnsen

The hydraulic fracturing, a.k.a. fracking, modern-day gold rush is quickly doing work on our global energy outlook. The improved technology and increased use of the decades-old technique has unlocked hitherto untapped reserves of oil and natural gas, bettering various countries economic opportunities by expanding domestic energy production and decreasing dependence on foreign sources. What’s more, natural gas has the potential to help the world lower their net carbon emissions, as we’ve already done in the United States.

A lot of countries and interest groups have been resistant to allowing fracking, nervous about ostensible environmental concerns, but after extensive studies the world over have failed to present any robust evidence of the many supposed horrors that radical environmental groups claim fracking can produce, a growing number of states and foreign countries are opening themselves up to the revenue, jobs, and wealth creation that other areas are already seeing as a result of the shale gas boom. Britain finally jumped on the bandwagon this past week:

Britain’s government lifted its ban on a controversial mining process known as hydraulic fracturing, or fracking, Thursday, allowing companies to continue their exploration of shale gas reserves. …

“Today’s news is a turning point for the country’s energy future. Shale gas has the potential to create jobs, generate tax revenues, reduce our reliance on imported gas, and improve our balance of payments,” chief executive Francis Egan said in a statement.

In an interview with CNN, Egan insisted that fracking could be done “safely and sensibly” in Britain and that there are huge reserves to be exploited.

The company believes there is about 200 trillion cubic feet of gas under the ground just within its license area in Lancashire. To put that figure into context, the United Kingdom uses about 3 trillion cubic feet of gas a year, Egan said.

France, for instance, is still holding out on allowing energy companies to frack in their country, but it seems like it’s only a matter of time before the undeniable economic benefits begin to outweigh the questionable environmental vagaries — after all, socialist France is shortly going to need all the economic help it can get.


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It will be beautiful to watch the civil war among liberals in the US regarding fracking…

mnjg on December 16, 2012 at 3:35 PM

In a perfect world, the protestors would be hit with surcharges every time they went to the gas stations. Idiot taxes do work.

MelonCollie on December 16, 2012 at 3:35 PM

What’s more, natural gas has the potential to help the world lower their net carbon emissions, as we’ve already done in the United States.

They don’t care.

The environmental movement isn’t about the environment in any way. It’s an attack on western culture, western industrialization, an attack on western preeminence in the world.

Because some men aren’t looking for anything logical, like money. They can’t be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn.

sharrukin on December 16, 2012 at 3:36 PM

The environmental movement isn’t about the environment in any way. It’s an attack on western culture, western industrialization, an attack on western preeminence in the world.

sharrukin on December 16, 2012 at 3:36 PM

Will it help you to understand the goals of bankroll them to the tune of 300-and-up million dollars a year?

Archivarix on December 16, 2012 at 3:39 PM

The environmental movement isn’t about the environment in any way. It’s an attack on western culture, western industrialization, an attack on western preeminence in the world.

sharrukin on December 16, 2012 at 3:36 PM

Will it help you to understand the goals of modern American environmentalists if I tell you that Saudis bankroll them to the tune of 300-and-up million dollars a year?

Archivarix on December 16, 2012 at 3:39 PM

Sorry – a mouse slip

Archivarix on December 16, 2012 at 3:40 PM

They just saved themselves…

Seven Percent Solution on December 16, 2012 at 3:40 PM

They don’t care.

The environmental movement isn’t about the environment in any way. It’s an attack on western culture, western industrialization, an attack on western preeminence in the world.

Because some men aren’t looking for anything logical, like money. They can’t be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn.

sharrukin on December 16, 2012 at 3:36 PM

The Greens are the new Reds… Green on the outside and deep communist red on the inside…

mnjg on December 16, 2012 at 3:41 PM

Will it help you to understand the goals of bankroll them to the tune of 300-and-up million dollars a year?

Archivarix on December 16, 2012 at 3:39 PM

They are fine with the loot they get along the way, but that isn’t what makes it so popular in our society. Most of them sadly are true believers. The leaders like Al Gore and the Sierra Club are a business but their supporters aren’t in it for cash.

sharrukin on December 16, 2012 at 3:43 PM

Sorry – a mouse slip

Archivarix on December 16, 2012 at 3:40 PM

Well, yeah, the Saudis are looking out for number one. I didn’t know that they were bankrolling them, but it makes sense.

sharrukin on December 16, 2012 at 3:44 PM

Matt Damon will be upset….

RAGIN CAJUN on December 16, 2012 at 3:49 PM

The United Kingdom says “Yes!” to fracking

Do they use that sort of language over there???

Ladysmith CulchaVulcha on December 16, 2012 at 3:51 PM

Sod off, swampies!

Wethal on December 16, 2012 at 4:00 PM

Here is a map with lights seen from space at our Eagle Ford shale in east TX. It is impressive and if we can keep bho/epa away, a gold mine here? We have many many more here in the US if we can get a grip away from bho/epa!

http://www.caller.com/news/2012/dec/13/eagle-ford-shale-lights-up-south-texas-as-boom/
L

letget on December 16, 2012 at 4:06 PM

But I’m sure they’ll change their minds when new SoS John Kerry comes over with his new emphasis on environmentalism and climate change.

/s

Wethal on December 16, 2012 at 4:06 PM

..

The War Planner on December 16, 2012 at 4:16 PM

“..the world’s turning upside down.” The Japanese Democratic Liberal Party has won a landslide victory in Japan and turned out the Democratic party. Go figure.

BUT! Before you all go running for the Phenobarbital and Jack Daniels, read this:

TOKYO — The conservative party that dominated post-war Japan is back in power after a three-year absence, in a landslide election victory Sunday that will result in hawkish Shinzo Abe returning as prime minister.

Abe, 58, who served in the post once before, is likely to pursue a tougher stance toward China and prevent the nation from abandoning nuclear energy.

The conservative Liberal Democratic Party was projected by NHK Television to win 291 out of 480 seats in Japan’s lower house, while its ally, the New Komeito Party, had 30. That would give them the two-third majority needed to overrule the upper house, perhaps breaking deadlocks that have long stymied Japanese governments.

The War Planner on December 16, 2012 at 4:21 PM

Follow-up:

The remarkable comeback of the conservative establishment reflects the high level of national anxiety about economic stagnation and falling behind China.

“They’re more experienced and are a better fit at leading,” said Takashi Yamada, 38, an office worker in Tokyo, explaining why he voted for the Liberal Democrats. Last time around he opted for a third party opposing nuclear power.

..we’ll have to wait another four years for a similar epiphany to occur, I guess.

The War Planner on December 16, 2012 at 4:23 PM

The Greens are the new Reds… Green on the outside and deep communist red on the inside…

mnjg on December 16, 2012 at 3:41 PM

It’s nice to see that someone else has picked up on my mantra. I have been saying this since the mid-70s. I recognized what they were doing when I was in high school.

Rio Linda Refugee on December 16, 2012 at 4:42 PM

It’s nice to see that someone else has picked up on my mantra. I have been saying this since the mid-70s. I recognized what they were doing when I was in high school.

Rio Linda Refugee on December 16, 2012 at 4:42 PM

I saw that when the Vietnam war ended and the same anti-war protesters went after the nuclear industry.

AZfederalist on December 16, 2012 at 4:51 PM

This looks like a job for……. MATT DAMOOOOOOOOON! (And the United Arab Emirates)

ThePrez on December 16, 2012 at 5:06 PM

My home province (New Brunswick)just voted to proceed with fracking this week after a couple of years dealing with tempestuous tards. At the same time it was announced that an oil pipeline would extend from Montreal to Saint John to bring Alberta oil to be refined in the refinery here. So no hurry/need on the XL now I guess. And it has come out that while America was Canadas sole customer for oil, the US got a $25 dollar off the World price per barrel perk. That appears to be going/gone too.

BL@KBIRD on December 16, 2012 at 5:21 PM

Genuine LOL.

The UK was long ago taken over by statists in both parties but the slightly less socialist Conservatives (party: they are not conservatives) can do math.

They are looking at the demographic and entitlement time bomb and…they’ll take that cashola. Gaia be damned.

They will tax the ever living crap out of it, as they do with all other carbonizing stuff, but they’ll take it. Heck yeah.

Shameless.

CorporatePiggy on December 16, 2012 at 5:26 PM

Libs after Sandy Hook: “Why can’t we be more like Britain???”

Libs after this announcement: “Brits are stupid!”

Bishop on December 16, 2012 at 5:33 PM

The cognitive dissonance of this story is its beauty.

WhatSlushfund on December 16, 2012 at 6:00 PM

…well frack us!

KOOLAID2 on December 16, 2012 at 6:08 PM

the many supposed horrors that radical environmental groups claim fracking can produce

…we need to stick it up their fracking a$$e$ !

KOOLAID2 on December 16, 2012 at 6:13 PM

Great. Now, stop subsidizing Ramadan TV.

AshleyTKing on December 16, 2012 at 6:33 PM

interesting thing about the english is that fracking and the extraction of shale gas is agreed to by both the tories and the lib dems.

much of the money for the anti-fracking campaigns comes directly from Moscow. Sort of a replay of the finance for the No Nukes movement.

ming666 on December 16, 2012 at 6:52 PM

What’s more, natural gas has the potential to help the world lower their net carbon emissions, as we’ve already done in the United States.

That matters not one bit to the Marxists that want to take over.

Dr. ZhivBlago on December 16, 2012 at 8:00 PM

Venezuelan backers of Gasland not happy.

Tzetzes on December 16, 2012 at 8:42 PM

Unless you can demonstrate a very serious and real not imagined problem, eventually things like producing cheap, local energy, creating jobs, and producing tax revenues will kind of win out in the end, especially when neighbors and others are benefiting.

While environmentalists have a point, it is also true that when the authorities can trace you (and you want to stay in business) you’re going to pay now (to do it right) or later (when you have to fix what you did wrong, may get heavily fined, and may face jail time). It is kind of the difference between having a licensed long established firm do your roof or do body or paint work on your car or going with a guy who drives up and offers to do the job for less. Either may do a bad job, but the established firm has a name to protect whereas you may not be able to find that free-lance operator.

Russ808 on December 17, 2012 at 5:54 PM