UK Shale Is Hale
French Firm Bets Big on British Shale
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  • Kevin

    While a encouraging sign, is $50 million really a “whopping” investment in the petroleum industry?

  • PKCasimir

    The writer knows little of the energy market and even less about fracking. Two reasons, among several others, as to why fracking has not been successful outside of the US, is that the US has a virtual monopoly on fracking expertise, technology and equipment. Second is the requirement for massive uses of water. Total is a Lilliputian when it comes to fracking and the UK doesn’t have the water resources to employ fracking. Given the continued opposition in the UK to fracking, and the technical challenges involved, there is very little chance of a successful fracking program in the UK.

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