Fracking in Sheffield?

[I1L2T3 10]

House price fears will kill this off. There is nothing better than people worrying about property prices than killing off projects.

 

Unless of course the government makes compulsory purchases of huge swathes of the UK on behalf of the frackers.

 

But then they'd have to start explaining why they prevent houses being built on green belt but are prepared to let polluting industrial plant be built instead.

 

Maybe the only places this will happen on any scale is where governments think they can crap on the locals, I.e. the north.

[Cyclone 10]

Do you think folks living in the dales (or other areas) want all this disruption to line the pockets of those already set up for life ? When they wont see a penny advantage themselves ?

 

The price of gas in the US dropped tremendously when fracking opened up new fields... It lined the pockets of everyone who is a consumer of gas.

[I1L2T3 10]

The price of gas in the US dropped tremendously when fracking opened up new fields... It lined the pockets of everyone who is a consumer of gas.

 

Hasn't it been stated that is not expected to be any reduction in prices for UK consumers?

 

Link for you

 

http://www.standard.co.uk/business/business-news/tax-breaks-for-fracking-to-make-uk-leader-of-shale-gas-revolution-8719707.html

Edited July 20, 2013 by I1L2T3

[Rupert_Baehr 10]

No doubt any spare money from fracking will go to reduce the deficit/pay off a few percent of the National Debt/fund a few social programs.

[Cyclone 10]

The point is we are short of generating capacity. The gas can't be used to generate electricity until the generating capacity is available. That means more gas fired power stations being built. And when the gas runs out we're still stuck with buying from the Russians.

 

Shale is a quick and dirty fix that does nothing for long term energy security.

 

It's an estimated 50 years of supply. It's neither quick, nor does it have to be dirty, it does make sense to take advantage of the resources we have though, rather than continue to buy from the Russians instead. And in that 50 years we need to build more nuclear reactors.

[Hillpig 10]

House price fears will kill this off. There is nothing better than people worrying about property prices than killing off projects.

 

Unless of course the government makes compulsory purchases of huge swathes of the UK on behalf of the frackers.

 

But then they'd have to start explaining why they prevent houses being built on green belt but are prepared to let polluting industrial plant be built instead.

 

Maybe the only places this will happen on any scale is where governments think they can crap on the locals, I.e. the north.

 

If it creates jobs in "the North" I am all for it. Your constant sniping at "them" the government, the politicians, and their commitment to do "us" down. Is a bit sad.

 

The exploitation of a natural resource does not permanently scar an area, I have walked around Manvers Lake today, the site not many years ago of a number of collieries and a massive polluting Coal Preperation plant. Rother valley is the same.

 

You seem to want to live in stasis were nothing gets done and when someone be it private enterprise or government wants to do something you feel you are bound to be exploited.

 

Cheer up.

[I1L2T3 10]

If it creates jobs in "the North" I am all for it. Your constant sniping at "them" the government, the politicians, and their commitment to do "us" down. Is a bit sad.

 

The exploitation of a natural resource does not permanently scar an area, I have walked around Manvers Lake today, the site not many years ago of a number of collieries and a massive polluting Coal Preperation plant. Rother valley is the same.

 

You seem to want to live in stasis were nothing gets done and when someone be it private enterprise or government wants to do something you feel you are bound to be exploited.

 

Cheer up.

 

It's healthy to be cynical about politicians.

 

As I said above the chances of fracking happening on an extended scale are minimal. Home owners don't want it. Water companies don't want it. Councils won't want it. Every new well will be the focus of a planning wrangle. And we'll most likely have a new swampy or many new swampys - in fact I'd be up for a bit of tree hugging or camping out in a tree myself.

 

---------- Post added 20-07-2013 at 19:32 ----------

 

It's an estimated 50 years of supply. It's neither quick, nor does it have to be dirty, it does make sense to take advantage of the resources we have though, rather than continue to buy from the Russians instead. And in that 50 years we need to build more nuclear reactors.

 

Read the link. Cuadrilla have admitted it will not lower prices for consumers.

 

It will be dirty. Guaranteed.

[Cyclone 10]

It's the job of government through regulation to ensure that it isn't dirty.

 

---------- Post added 21-07-2013 at 11:22 ----------

 

Hasn't it been stated that is not expected to be any reduction in prices for UK consumers?

 

Link for you

 

http://www.standard.co.uk/business/business-news/tax-breaks-for-fracking-to-make-uk-leader-of-shale-gas-revolution-8719707.html

 

From the article

 

Ministers hope that the UK will emulate the US, which has seen a shale gas boom, with a boost to tax revenues, jobs and a reduction in energy imports and household fuel bills.

 

The Government has also outlined measures to ensure local communities benefit from the development of shale, with £100,000 paid for each well where fracking takes place and 1% of revenues if the drilling proves to be commercially viable.

 

On the other hand Green peace claim that it won't reduce household prices... Despite the evidence from the US where it has reduced prices.

[I1L2T3 10]

It's the job of government through regulation to ensure that it isn't dirty.

 

---------- Post added 21-07-2013 at 11:22 ----------

 

 

From the article

 

 

 

 

 

On the other hand Green peace claim that it won't reduce household prices... Despite the evidence from the US where it has reduced prices.

 

Nope, Cuadrilla says it won't lower consumer prices. It's in the article. Government can hope all it wants.

[Super Hans 10]

Supply and demand means that if we don't frack, they'll pull our pants down and bend us over as we pay for the gas that IS available.

 

The more you have the cheaper it is, simple economics.

[geared 321]

yep and lets be honest if we are sitting on the amount they suspect then image how much is under a country the size of Russia???

 

If we don't develop our fracking market and try and become gas/oil independent then the Russians will corner the market and it won't be economically viable to do it ourselves anymore.

[NorthernStar 11]

The problem with the government and regulation is that they are so corrupt and incestuous as not to be trusted.

 

Same with just about everything our government touch, they are so incredibly greedy and without scruples.

 

http://www.independent.co.uk/news/uk/politics/osborne-accused-over-gas-lobbyist-fatherinlaw-7985001.html

 

It'd be better and much wiser to proceed cautiously IMO, and if fracking takes off around the globe the global prices would drop as supply would be be greatly increased anyway. The temptation to risk everything is attractive but surely to blow caution to the wind and risk our small island would be foolish.