How fracking can save England

This post by the Economist's current Baghot columnist shows what the stakes could be over the UK, and especially English, Shale oil & gas reserves.

In short we could be energy independent for a long time, and not dependent on the insane areas of the world where we currently have to send vast sums of cash which some of them then use trying to destroy our society.

The flies in the ointment are the left ( Greens etc ) and the EU. The greens love poverty and the evil of desperation and deprecation for their little selfish fantasies and are concerned that a good energy source might stop their left wing utopia being forced on a captive population. The EU will screw things up just by being itself and over regulating to please French peasants and Green Germans.

Yet another reason to leave the EU.

Signalling market failure

David Cameron is falling into the trap #RedEd has laid for him, ably assisted by that national disgrace as a minister Chris Huhne.

Apparently Energy companies are to be told to ... and here its get vague, but the public are meant to hear the words reduce prices.

What he's saying is the market isn't working - either through collaboration ( legal or not ) and/or due to a failure of competition.

When we all know one of the key factors in increasing electricity prices is the green costs government has bundled onto consumers. ( #RedEd is as guilty as the disgrace Huhne in this department. )

By calling the companies together Cameron gives weight to the argument that their is a conspiracy and that markets don't work.

Its a spectacular home goal born of a lack of self confidence and very very short term thinking. Plus perhaps desperation to hide the cruel costs that mindless green fascism is putting on top of the poorest in this country.

Its a depressing sight.