"I am strongly in favour of hydraulic removal of shale gas," Jacob Rees-Mogg on tonight's #Peston
He's been banging on about this for years
In September 2022 Rees-Mogg said, “if we’re sitting on tons of gas, that seems quite an interesting opportunity.
P.E. Trudeau, former Prime Minister of Canada:
'No country would find 173 billion barrels of oil in the ground and leave them there. The resource will be developed’
March 2017.
@Geri OK I suggest we start fracking in his back garden, I doubt he's secured the mineral rights
Let's see how interesting he finds that
@HarriettMB @staringatclouds it's a listed building
Can't we just shake HIM until his trousers fall down or his teeth fall out. Xx
@Geri He's not a moron - he knows full well that the geology in the US makes fracking feasible, whereas in the UK, the geology makes it extremely difficult to extract.
Difficult, particularly in that shale is mainly found in coal fields where mining has already been carried out. The risk of subsidence is high as a result.
Add on to that, there is a very low upper limit to which fracking is actually profitable, and the current price of oil would makes it unprofitable - even in the US.
Totts
woe2you
StuartB
Eric Lawton
staringatclouds
HarriettMB
Oyu F'ka