Fracking – Here To Stay?

Never a day seems to go by without there being some mention in the press of fracking (or otherwise known as hydraulic fracturing for shale gas).

What is clear is that the Government needs to identify alternative energy solutions and to get into a position where such solutions can be exploited – both for use by consumers and businesses alike. Conventional oil and gas supplies are running out (even if the precise levels are difficult to clarify) and energy prices remain high within the UK notwithstanding the recent falls in the wholesale price of oil and gas (although there has been some recent movement downwards in energy prices following on from the Government's announcement earlier this year that it is investigating why the cost of household energy has not reflected the reductions in the price of the wholesale market).