And domestically produced shale gas ( produced using subsidized water supplies and £millions in tax breaks ? Surely that will be sold to the highest bidder overseas and the remainder used in industry. Crazy old world innit.
Read more here: http://www.theguardian.com/environment/2013/mar/25/us-shale-gas-british-homes-five-years
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ReplyDeleteThe deal could check a new era in natural gas exported from the US which ought to see international prices fall.The UK will absolutely profit by the cheap imports as North Sea gas fields keep on declining quickly, and gas from mainland Europe stays costly.
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