Latest news
- New British Geological Survey (BGS) Report
- 4.4 billion barrels of shale oil under South East
- But only very small percentage can be exploited
- Typical 4% would mean 176 million barrels
- Only 4 months of present UK oil consumption
- Would require 1,400 wells drilled to extract
- Even 10% would only be 10 months of oil
- Would require 3,500 wells drilled to extract
- Despite this massive push to exploit it likely
- Desperate scramble to profit from last oil in UK
- Kimmeridge Clay said to contain most shale oil
- Similar to the Bakken Shale in North Dakota
- Toxic nightmare threatens Sussex and Kent
- Communities are getting organised to resist
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