{"id":61036,"date":"2021-12-21T08:30:18","date_gmt":"2021-12-21T13:30:18","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61036"},"modified":"2021-12-21T08:30:18","modified_gmt":"2021-12-21T13:30:18","slug":"in-brief-fracking-back-new-weather-warnings-lockdown-by-any-other-name","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61036","title":{"rendered":"In Brief: Fracking back, new weather warnings, lockdown by any other name"},"content":{"rendered":"
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In Brief: Fracking back, new weather warnings, lockdown by any other name<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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Fracking back<\/strong><\/p>\n

Anti-fracking campaigners like to flatter themselves by claiming that it was their protests which finally brought UK fracking to an end.\u00a0 The reality though, is that the price at which UK shale gas might be recovered was far higher than the prevailing price of gas from the North Sea.\u00a0 The UK\u2019s tortured geology and its lack of unpopulated open space meant that UK fracking could never match the relatively low prices of its US counterpart.\u00a0 And\u00a0a few years ago<\/a>, when government had to decide whether to give UK fracking the green light, there was enough surplus gas on the wholesale market to justify a moratorium.<\/p>\n

Several gigawatts of intermittent wind farms and an insane German decision to phase out nuclear, later, and Western Europe finds itself desperately short of the gas supplies required to keep the lights and heaters running this winter.\u00a0 The UK \u2013 which failed to model the future strength of the Gulf Stream correctly \u2013 is particularly vulnerable as it depends upon gas power stations to iron out the intermittency from its over-deployment of wind turbines.\u00a0 One result \u2013 which the establishment media is being surprisingly quiet about \u2013 is that the wholesale price of gas has rocketed past October\u2019s record price of \u00a32.93 per therm.\u00a0 As of this afternoon, the price is \u00a33.49, and may well reach new highs later this week (see below).<\/p>\n

The issue here is whether the current price increases are here to stay.\u00a0 Some commentators suggest that the shortage is due to Russia cutting its supply to Europe in order to pressure Germany to finalise the Nord Stream 2 pipeline…<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In Brief: Fracking back, new weather warnings, lockdown by any other name Fracking back Anti-fracking campaigners like to flatter themselves by claiming that it was their protests which finally brought UK fracking to an end.\u00a0 The reality though, is that the price at which UK shale gas might be recovered was far higher than the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[265,288,331,29428,30640,31360],"class_list":["post-61036","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-energy-crisis","tag-extreme-weather","tag-fracking","tag-lockdowns","tag-the-consciousness-of-sheep","tag-tim-watkins"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61036"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61036\/revisions"}],"predecessor-version":[{"id":61037,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61036\/revisions\/61037"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}