Nobody doubts that the cost of US fracking has fallen since oil prices collapsed in June 2014. However, there is considerable disagreement over the causes. While critics point out that since 2014 wages and service costs have fallen dramatically, the fracking companies have been keen to claim that technological improvements …
Read More »UK government delays fracking protections
The government has come in for criticism over fracking from an unexpected quarter this week. The Country Landowners Association (CLA) – a membership organisation for owners of land, property and businesses in rural England and Wales – has written to Energy Minister Richard Harrington MP, raising concerns about the lack …
Read More »Tory power grab for Celtic shale
Hidden in amongst the Tory ‘power grab’ that is the EU Withdrawal Bill is a clause that allows English ministers to take full control over fracking licenses and decisions in Scotland and Wales. The change is just one of a raft of clauses that seek to neuter the devolved Scottish …
Read More »The environment halts UK fracking
We have become accustomed to the claims and counter-claims about the damage hydraulic fracturing (fracking) may or may not do to the environment. Earthquakes, polluted water and methane gas emissions are the most obvious. However, concerns have also been raised about birth defects, cancers and declining bird species in areas …
Read More »Arctic oil doesn’t exist
The supposed silver lining in the large storm cloud that is global ice melt, was that in the absence of the Arctic ice cap, oil companies would be free to drill into virgin seabed. Nowhere was this more so than the Barents Sea above Norway’s North Cape, which was promoted …
Read More »When the party comes to an end
Nicole Foss famously compared the oil industry to a late night drinking binge. The early oil found in pressurised deposits just 70 feet beneath the ground was the best booze. The North Sea was the cheap stuff. Hydraulically fractured shale oil and tar sands, though, are the last-ditch equivalent …
Read More »UK energy review is a danger to us all
The UK government review of energy costs is unlikely to result in pleasant reading for anyone. This is because the chosen reviewer, Oxford University professor Dieter Helm, has a long track record of telling unpleasant energy truths about the cost of renewable electricity while overlooking the equivalent problems with gas. …
Read More »Fracking companies in trouble as investment dries up
Despite the upbeat propaganda put out by the fracking companies and repeated by the mainstream media, UK frackers are in serious trouble. In response to a freedom of information request by independent journalist Russell Scott, the UK government has released papers that show that the industry is unable to secure …
Read More »Falling Net Energy destroys fossil fuels *and* green energy
While businesses and journalists readily understand (and often misunderstand) the idea of return on investment (“there is no magic money tree”) they seldom make the intellectual leap to apply the concept to the far more important area of energy. Currency, after all, really can be printed out of thin air …
Read More »In Britain, unprofitable fracking is green energy
Renewable energy is usually presented as the sensible alternative to domestic (fracking) gas. However, in Britain at least, the two are essential components of the same suite of technologies. This is because of the poor choices made by the UK government that force solar and wind energy to go hand …
Read More »