Thread: OT Shale gas.
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Rod Speed Rod Speed is offline
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Default OT Shale gas.



"Tim W" wrote in message
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"harryagain" wrote in message
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http://www.theguardian.com/environme...nt-report-says

Not a lot of it after all they say.
As I suspected.
But how do they know this?

Nobody knows 100% how much there is and certainly they don't know what the
cost of extraction will be and therefore how much will be economical now
and later.


What we do know is that fracking will do nothing to create the low-carbon
economy that we are surely going to need,


I don't buy that last.

and that if you leave it in the ground the price of oil in the long term
and is only going to go up and the cost of extraction come down.


You can say that about any fossil fuel.

So deciding to just plunder the whole lot now for a quick buck


It isnt being done for a quick buck.

is always going to be wrong, wrong, wrong.


Not necessarily, any more than north sea gas was either.