Friday, 23 May 2014

Britain's potential new oil bonanza revealed: 4.4BILLION barrels found beneath The Weald in Sussex Hampshire and Kent - but will the Greens let us get at it?

Daily Mail
  • Official analysis by British Geological Survey reveals billions of barrels
  • Report was commissioned by Department for Energy and Climate Change
  • It estimates that there are 4.4billion barrels-worth of oil under Weald Basin
  • How much of it may be recoverable is not yet known - test drilling will tell
  • New discovery is a tenth of what has been extracted from North Sea
  • Report says it's unlikely there's any shale gas potential in the area
  • Discovery will have implications for politicians and Britain's energy market
  • New plans to allow energy firms to drill in exchange for £20,000 per well
  • Green MP Caroline Lucas says fracking on huge scale will be 'disastrous'

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