Contrary to green-hued reports, the UK is not about to be turned into a giant shale-gas drilling pad.
This week, the UK Government announced a new round of licensing for onshore oil and gas exploration. Companies will make bids for a licence to drill for oil or gas in designated areas, or ‘blocks’. This kind of auction is nothing new, and would typically pass off without comment in the mainstream press. But since the last auction in 2008, the possibility of fracking has arrived on UK shores. Thus, the auction looked like an exciting new development in the shale-gas wars.