The truth about shale: it’s a fracking nightmare
The oil business disinformation campaign abouthydraulic fracking continues apace
There is a hilariously unintended irony in an FT (£) headline to the Editorial on its website about shale fracking. The article – pure pro-shale propaganda from tip to toe – begins, ‘Ignorance is the biggest enemy in the shale war’. It then goes on to show that fracking doesn’t cause earthquakes. Er, that’s it.
Informed observers have never really taken that charge seriously, so the ignorance irony is indeed pretty major. But this seems increasingly to sum up the FT these days: it reads more like a trumpet than a magnifying glass. When it runs editorials like this one, it’s more strumpet than trumpet.
There are really only two critiques of Shale fracking which, for my money, remain compelling.
The first is that shale gas well production tends to drop by 50% or more after the first year, and…
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