Last year, our trade deficit in natural gas almost doubled from £2.6billion to £4.7billion, while in the US the domestic price of gas has barely risen because of their own huge shale gas reserves – and they don’t appear to be suffering from the earthquakes predicted by the fracking doomsters.
This weekend former Brexit Minister Lord Frost and more than 30 MPs asked the Prime Minister to restart fracking in the UK to bring more prosperity, 75,000 jobs and real levelling up across the regions.
Brexit Opportunities Minister Jacob Rees-Mogg is also urging Boris Johnson to lift the 2019 moratorium on fracking in the UK to increase our energy independence, but the PM has so far refused and energy company Cuadrilla was told to seal England’s last two viable shale gas wells at Preston New Road in Lancashire, near Blackpool, which would take millions of pounds to unblock.
With fuel pump prices hitting a record high of 148.02p a litre this weekend, it seems crazy to diminish access to our potential energy wealth that could bring down the cost of living.
This story is from the February 16, 2022 edition of Daily Express.
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This story is from the February 16, 2022 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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