Shale Bubble? What Shale Bubble?

0 1C0R39OywOnuN7FU1bOe3vSKdY8yq7cUl Ik3Nah94NuIIhRxkfc7qsaFPh Be9B-TjLa1riygWaMore from self-described Methanist, Rudolf Huber from Austria. Ironic how someone from a land-locked country gets LNG far more than many on the shore:

Those who have spent the last 10 years in oil and gas were in for the ride of their lifetime. Those who have spent far longer in the industry will look back at the nuttiest 10 years of their entire careers.

We have gone from peak fear to boom and now gloom with lots of local ups and downs strewn in between.

But whatever else has happened, nothing has rocked the energy world more than shale. A couple of roughneck oil and gas drillers in the early Nineties have given the industry quite a ride for their buck.

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US LNG: Fracked gas Europe will pay for anyway

ambridgeAlthough there are some genuine greens among them, it’s clear that most shale opponents in the UK are worried about their backyard and not anyone else’s. While the Keep it in the Ground tendency are genuine, if misguided dreamers, nimby’s are just plain selfish. French Greens started the slogan about Shale Gas, Not Here, Not Anywhere, but every Green in Europe is going to have a wake up call just about the next time most people’s central heating kicks in after October. That’s because US shale gas is heading our way. Don’t want shale anywhere? Switch off the heat.

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Votes versus Bluster. The UK Election and shale

Greenpeace and Friends of the Earth may have done the UK shale industry a great favour by promoting their Frack Free Promise initiative.

The Frack Free Promise is a pledge that prospective parliamentary candidates (people who are campaigning to be our next MPs) can take in the run up to the general election. The statement we’re asking election candidates to sign is: “If my constituency is at risk of fracking, I will oppose it. If my constituency is not at risk, I will oppose fracking nationwide.”

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