Jump to content
House Price Crash Forum
The Eagle

Fracking On Private Land To Be Permitted In Queen’S Speech – Leak

Recommended Posts

An infrastructure and competitiveness bill to be announced in the Queen’s speech on Wednesday will change trespassing laws, allowing shale gas exploration firms to drill on private land without requiring the permission of the owner, UK media report.

http://rt.com/news/162896-queen-fracking-pensions-speech/

But you still aren't allowed to build a house on your own land (without planning permission)...

Share this post


Link to post
Share on other sites

Its for running a lateral under private land , not to set up a drill pad to drill from .

Still..... if you live above ..welcome to HPC

Share this post


Link to post
Share on other sites

The joke is that they have been drilling for oil and gas in the Weald since at least the 1970s and 99 out of 100 times they come up with dusters. The recent BGS estimate is that there is about 4.4 billion barrels of oil under that part of the SE UK of which maybe about 5% might be recoverable at best using the latest fracking technique ( the FT article quotes industry sources suggesting it may be as little as 1% http://www.ft.com/cms/s/0/9f683490-e266-11e3-89fd-00144feabdc0.html). There is apparently little or no gas in that area though other parts of the UK may be more propitious. That means the likely yield would at most meet the UKs oil needs for no more than 6-12 months. If these findings are replicated elsewhere in the UK then the government is basing its energy policy on something that does not exist in any meaningful terms ( a bit like Universal Credit in that respect). So what this legislation is essentially about is not securing Britain's energy future but allowing drilling companies to go all out for the the few pearls amongst the mountain of crud in the hope that one decent find will give sufficient temporary impetus to the share price to allow the investors to cash in their chips. In fact a quintissential example of how the modern British economy operates.

Edited by stormymonday_2011

Share this post


Link to post
Share on other sites

Its for running a lateral under private land , not to set up a drill pad to drill from .

Still..... if you live above ..welcome to HPC

Also how lateral is lateral? 100m below the surface? 1m? Sorry, PM just following the source of gas and hot air and somehow entered up in your place.

Share this post


Link to post
Share on other sites

Also how lateral is lateral? 100m below the surface? 1m? Sorry, PM just following the source of gas and hot air and somehow entered up in your place.

Kilometers.

Share this post


Link to post
Share on other sites

The joke is that they have been drilling for oil and gas in the Weald since at least the 1970s and 99 out of 100 times they come up with dusters. The recent BGS estimate is that there is about 4.4 billion barrels of oil under that part of the SE UK of which maybe about 5% might be recoverable at best using the latest fracking technique ( the FT article quotes industry sources suggesting it may be as little as 1% http://www.ft.com/cms/s/0/9f683490-e266-11e3-89fd-00144feabdc0.html). There is apparently little or no gas in that area though other parts of the UK may be more propitious. That means the likely yield would at most meet the UKs oil needs for no more than 6-12 months. If these findings are replicated elsewhere in the UK then the government is basing its energy policy on something that does not exist in any meaningful terms ( a bit like Universal Credit in that respect). So what this legislation is essentially about is not securing Britain's energy future but allowing drilling companies to go all out for the the few pearls amongst the mountain of crud in the hope that one decent find will give sufficient temporary impetus to the share price to allow the investors to cash in their chips. In fact a quintissential example of how the modern British economy operates.

I don't think anyone here is going to be shocked - it's pretty obvious that fracking will be a bonanza for well placed insiders that lasts maybe a decade. The costs in terms of loss of quality of life (having drill sites spring up all over the countryside) and the financial costs of clearing up the pollution will of course be met by the general public/taxpayer.

Hey, why should banksters have a lock on screwing over the general public to make themselves rich?

The real question is whether or not the public is dumb enough to accept it. They'll be hit with scare stories about energy sufficiency to encourage them to accept it but at the same time, anyone with two braincells to rub together can do the sums and see that it isn't anything more than a short-term 'solution' and completely contradicts all the CO2/Green bullshot that the govt have previously been pushing (in the cause of taxing people more) and presumably will continue to push alongside it.

Still, no-one ever lost out by underestimating the intelligence of the population.

Share this post


Link to post
Share on other sites

Considering how badly the Lib Dems did in outer south London and in the south of England generally, this seems to be a p45 to all remaining Liberal Democrat MPs in that area.

Share this post


Link to post
Share on other sites

I don't think anyone here is going to be shocked - it's pretty obvious that fracking will be a bonanza for well placed insiders that lasts maybe a decade. The costs in terms of loss of quality of life (having drill sites spring up all over the countryside) and the financial costs of clearing up the pollution will of course be met by the general public/taxpayer.

Hey, why should banksters have a lock on screwing over the general public to make themselves rich?

The real question is whether or not the public is dumb enough to accept it. They'll be hit with scare stories about energy sufficiency to encourage them to accept it but at the same time, anyone with two braincells to rub together can do the sums and see that it isn't anything more than a short-term 'solution' and completely contradicts all the CO2/Green bullshot that the govt have previously been pushing (in the cause of taxing people more) and presumably will continue to push alongside it.

Still, no-one ever lost out by underestimating the intelligence of the population.

Meanwhile the shale gas in the US has meant they are now the world's biggest energy producer and production is on an orbital path. The dollar is now crucifying all comers and we have inflation under control (thanks to falling energy prices) and a growing US economy....the fastest in the G7. (not what an unholy alliance of gold bugs, Russians or psychopathic jihadists wanted at all)

Seems worth the environmental impact imo. We can continue to be blackmailed and held to ransom by the Middle East, Russia and h hmm the Scots (currently £1600 per head ransom). Or we can get fracking and not be blackmailed and held to ransom.

Edited by crashmonitor

Share this post


Link to post
Share on other sites

Kilometers.

Indeed. I can't decide whether this is a big deal or not. Its certainly not the same as having a coal mine a few hundred metres under your house. My concern is over the location of the drilling pads rather than the lateral shafts. You really wouldn't want one of those next door.

I'm surprised this has to be legislated in Amy significant way. I thought that in contrast to the US (where you own your land to the centre of the Eartg) the land beneath your land belonged to the crown anyway.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   219 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.