Tag: fracking

Northern Territory Green Lights Beetaloo Basin Fracking

Onshore fracking in the Northern Territory’s Beetaloo Basin could be underway as early as 2024 after the government lifted a five-year moratorium. Chief Minister Natasha Fyles says the way has been cleared with all 135 recommendations from the 2018 Pepper inquiry implemented. “We have strengthened government agencies; we have strengthened legislation to rigorously assess environmental…


Fracking Closer After Release of Beetaloo Report

Fracking in the NT may be one step closer after the territory government released a milestone report into the Beetaloo Basin. The new report was commissioned in response to recommendations from the Pepper inquiry into the gas fracking industry, which said more data was needed before decisions could be made on natural gas extraction in…


UK Shale Gas Firm Slams PM Sunak for Restoring Fracking Ban

The chief executive of the UK’s first shale gas company has criticised Prime Minister Rishi Sunak’s decision to restore the ban on fracking, saying it “beggars belief.” Fracking, which has been effectively banned in the UK since 2019, is a sensitive issue for the ruling Conservative Party. While some senior Conservatives support fracking as a…


PREMIERING 3 PM ET: Ep. 74: Thank Goodness We Never Have to Watch John Fetterman and Joe Biden Debate Each Other! | The Larry Elder Show

The Larry​​ Elder Show is sponsored by Birch Gold Group. Protect your IRA or 401(k) with precious metals today: larryforgold.com/ More than five months after experiencing a stroke, Pennsylvania Democrat John Fetterman struggled at times to explain his positions during a highly anticipated debate Tuesday night in the ABC27 studios against Republican Dr. Mehmet Oz…


Ep. 74: Thank Goodness We Never Have to Watch John Fetterman and Joe Biden Debate Each Other! | The Larry Elder Show

The Larry​​ Elder Show is sponsored by Birch Gold Group. Protect your IRA or 401(k) with precious metals today: larryforgold.com/ More than five months after experiencing a stroke, Pennsylvania Democrat John Fetterman struggled at times to explain his positions during a highly anticipated debate Tuesday night in the ABC27 studios against Republican Dr. Mehmet Oz…


Rishi Sunak Restores Fracking Ban as Video Emerges of him Supporting it During Leadership Contest

The new Prime Minister, Rishi Sunak, has restored the moratorium on fracking only weeks a month after Liz Truss’s government lifted the ban. A Downing Street spokesman confirmed the news after Sunak was asked about the issue at his first Prime Minister’s Questions on Wednesday. Fracking, or hydraulic fracturing, is a process in which high-pressure…


UK Parliament Launches Probe Into Claims Senior Tories Bullied MPs in Fracking Vote

The House of Commons has launched an investigation into claims that ministers “bullied” Conservative MPs during Wednesday’s vote on fracking. Fracking is a sensitive issue for the Conservative Party. While Prime Minister Liz Truss supports fracking, many Tory MPs face strong opposition to the practice in their constituencies. While Labour’s motion to ban fracking was…


UK Government Lifts Fracking Ban as ‘Inconclusive’ Geological Report Published

The government has lifted the ban on fracking in England, despite the publication of a report (pdf) by the British Geological Survey (BGS) which was “inconclusive” and said more data was needed. Fracking, or hydraulic fracturing, is a process in which high-pressure liquid is fired at shale formations to release gas. The 2019 Conservative manifesto…


UK Can’t ‘Tax Its Way to Growth,’ Says Truss as She Rejects Labour’s Call for Windfall Tax

New UK Prime Minister Liz Truss has rejected the idea of using a windfall tax on oil and gas giants to reduce energy bills for households, saying the country will not be able to “tax its way to growth.” At her first Prime Minister’s Questions in the House of Commons on Wednesday, Truss pledged to…


Shortage of Fracking Gear Is Hampering US Shale Oil Output

Demand for hydrofracking equipment has been quickly outpacing supply lately, causing a serious parts shortage that is beginning to hamper the expansion of U.S. oil and gas production. Halliburton Company warned in July that “supply chain bottlenecks, even for diesel fleets, make it almost impossible to add incremental capacity this year.” The Texas-based energy company…