I think claims of it dramatically reducing energy prices have vanished from his rhetoric for exactly the reason you state, the UK's gas supplies get put into a supra-national pool which means we pay whatever the marker rate is. Unlike in the USA where "fracked" gas drove costs down.



The deal on nuclear power reactors at Hinkley is ridiculous. They agreed to let the companies involved sell electricity generated there to the grid starting at over £92.50 for every megawatt hour generated indexed linked making it rise to £121 by 2023. Gas will have to increase in price by 130% to make this a competitive deal. It's been called "insane" by City Analysts.

As prices fall, [url=http://climatecrocks.com/2014/01/04/fracking-wells-abandoned-in-boombust-cycle-who-will-pay-to-cap-them/who will pay to cap the deserted wells?[/url

Local rate-payers I'd guess, as the proposal is to give local authorities a magnificent 1% of revenues (which they'll find hard to turn down after they have been starved of funding) in return for destroying thair locale.

Well indeed.

Fracking will be good for the country. Ironically the people who complain most about prices of fuel seem to be the one shouting loudest when it comes to opposing a real opportunity to reduce fuel costs.

Of course it will.

Despite all the evidence against it you have to toe party line.

Fracking will be good for the businesses who are licensed to carry it out, it will be good for any current politicians who may already, or will in future have links to those corporations who are granted licences, it may prove to be good for local councils who are being offered sweeteners in dividends to grant permissions.

It remains to be seen whether or not individual family's in the UK will benefit from lower fuels costs as the energy providers in the UK will not have direct access to the gas produced but will have to still buy it on the open market and then may or may not pass on those savings or part of those savings to their customers.

Mostly scaremongering I'm afraid.

We should give it a go and find out then shouldn't we!

If we had nothing to lose and everything to gain then yes.

As it happens there are some problems in the USA with fracking and there are no benefits at the moment other than vague politician-speak of cheapness that is never quantified.

When politicians promise things in future then look for the loopholes in their speech and expect them to be lying from the outset - when they don't promise ANYTHING but throw vague hints in the air to see which one flies then you know that they are not committing themselves to anything.

There have been links posted here, on this thread, that illustrate the possible problems. Well done on showing that either you don't bother to read things that challenge your opinion or you don't care.

And to think that there are probably people out there who doesn't think you're just an unimaginative troll.

You are really quite intolerant of other people's opinions aren't you?