“Serious Doubts” Over UK Fracking Industry After “Seismic” Vote
The UK fracking industry was left in total disarray yesterday after Lancashire County Council voted overwhelmingly to oppose fracking in the North West of the country.
Read the latest insights and analysis from the experts at Oil Change International.
The UK fracking industry was left in total disarray yesterday after Lancashire County Council voted overwhelmingly to oppose fracking in the North West of the country.
There was more bad news for the fracking industry yesterday when New York State became the first US state to officially ban fracking.
Councillors in Lancashire in the North West of the UK yesterday unanimously refused one of two planning applications for fracking by the controversial company, Cuadrilla, but deferred a vote on the second application until Monday next week.
Last week, a new peer-reviewed study was published by the University of Texas at Arlington which found toxic chemicals in over two-thirds of drinking wells near fracking sites.
When the US Environmental Protection Agency issued its long awaited landmark report into the impacts of fracking earlier this month, the headlines were largely positive towards the technology.
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.