Tuesday, 2 June 2015
UK - It's all about share price stupid. Told you so.
Since the Conservatives won a majority in the general election just over three weeks ago, there has been an increase in the number of planning applications submitted relating to hydraulic fracturing.
This observation comes after a marked rise in the share price of many fracking companies since fracking-friendly Amber Rudd was selected as Secretary of State for the Department of Energy and Climate Change.
Read more on this predicted surge: http://www.theecologist.org/News/news_round_up/2890376/fracking_surge_follows_tory_election_win.html