12 Aug '13, 1pm

Will fracking lower energy bills? @energydeskuk investigates

Fracking is a “massive opportunity to help families with their bills” according to the Prime Minister. See also: Fracking: It's economics stupid Writing in The Telegraph, Mr Cameron called on households to back shale gas drilling, saying it would; lower bills, bring jobs and community benefits and ‘take up about the area of a cricket pitch’. For households who have seen bills rising over the past five years thanks to rising gas prices, his claim that fracking could lower bills will be particularly appealing. Nobody can predict the gas price (or they’d be very rich), but here are three reasons why fracking is in the UK is unlikely to have much impact on bills and one good reason why fracking elsewhere may be what pushes them down: UK shale gas is unlikely to be cheap It’s hard to say for sure – because we are so far from the production stage – but most experts including Blo...

Full article: http://www.greenpeace.org.uk/newsdesk/energy/fact-check/w...

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