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Living close to a shale gas well affects the price of your house, according to new research published in the American Economic Review, one of the country’s oldest and most respected economic journals.

Last month, when the British Government announced that half the UK would be opened up to fracking, it was widely reported that the country’s treasured National Parks would be protected.

The madness surrounding Britain’s fracking frenzy reached new heights this morning when London’s Conservative Mayor argued that fracking could take place on the streets of London.