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Old 09-03-2022, 10:21   #915
BenMcr
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Re: Russia has invaded Ukraine

Quote:
Originally Posted by Mr K View Post
It's a vote loser, and that's what matters with Boris, so it won't happen. All very well fracking in the massive open spaces of the US, but it doesn't work on a crowded island. Then of course there's the environment which is still a bigger threat to everyone on the planet than even the current crisis. Time to turn the thermostat down and put a jumper on.
And of course unless you're doing fracking as a state activity and restricting sales to the UK only, if it's done commercially there is no guarantee that it'll actually reduce retail prices anyway.

That's what the USA is finding at the moment - domestic oil companies are getting market value for what they're producing and are sending it out of the USA as part of that commercial activity, so it's not reducing their domestic market prices.
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