Tag Archives: Analysis : How Fracking Hype Disguises The Sector’s Dangerous Financial Losses To Date

John Ward – Analysis : How Fracking Hype Disguises The Sector’s Dangerous Financial Losses To Date – 21 August 2013

JohnWShale gas….the greatest con in history?Those who are still so gung-ho for Fracking should read some of the observations and damning commercial statistics below. They show beyond any reasonable doubt that the British people are being sold an expensive White Elephant that could yet endanger our water supply sustainability.Fracking industry leader Cuadrilla recently released its accounts for the 2012 financial year. They show a revenue of £392,000, and loss of £18.7m. Continue reading