Half of the 41 fracking companies operating in the U.S. will be dead or sold by the end of 2015
Because of the huge quantities of energy involved, the fracking industry requires oil & gas prices to be high to even come close to being profitable. Because of this simple fact FRACKING CANNOT LOWER GAS/OIL PRICES. The industry was making huge losses across the board before oil prices started to fall. But now the global economy is once again seriously stuttering the fracking industry is really in trouble…
Latest media coverage here.
Analysis from Paul Mobbs: http://www.fraw.org.uk/mei/
Where is my nearest anti-fracking group?!?!: https://frack-off.org.uk/
See a fully referenced list of fracking impacts including air, water and soil pollution here:https://frack-off.org.uk/
See all UK community groups here: https://frack-off.org.uk/