Category: Energy Prices

Energy prices

Bang Bang

So this week there have been two reports released which should have reduced the fracking industry’s stocks of paracetamol. The first came from the University of Stirling and looked at the research that underpinned the Scottish parliament’s ban on fracking. In the first study of its kind, the team compared the...

Could imported LNG really be cheaper than UK produced shale?

Could imported LNG really be cheaper than UK produced shale?

We were struck by a graphic produced by the Frackers’ PR machine last week so we decided to do some analysis of the relative costs ourselves. The results are quite interesting. The moral of today’s story is “Don’t be taken in by simplistic and illogical memes.” Here in one graphic...

So what did the government NOT want you know about the impacts of fracking?

So what did the government NOT want you know about the impacts of fracking?

The Report on The Shale Gas Rural Economy impacts was published in heavily redacted form, generating a storm of protest in March 2014. Over a year later, and coincidentally just after the LCC decisions on Cuadrilla’s two development site applications, on July 1st 2015, the full report was finally published....

Lights Out ????

Lights Out ????

The continued unusually cold weather conditions also prompted so-called “experts” to renew their scaremongering about Britain’s gas running out. We were given two weeks of continuing cold weather before rationing was implemented. Earlier in the week OFGEM had reported that the ‘Big Six’ energy companies will make a record profit...

Your Involuntary Investment in Shale Gas

Your Involuntary Investment in Shale Gas

One of the little discussed issues around the recent announcement that the government is going to throw tax breaks at an industry which insists it doesn’t actually want or need them (see https://www.refracktion.com/index.php/fracking-and-the-budget/) is that it turns us all into investors in this business, as it is now OUR money...

Fracking and the Budget

Fracking and the Budget

As expected George Osborne used his budget speech on Wednesday to express government support for the fracking industry. He said: In the spending round, we will provide support for energy-intensive industries beyond 2015. For the North sea, we will this year sign contracts for future decommissioning relief, the expectation of...