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Proceeding contribution from Lord Whitehead (Labour) in the House of Commons on Thursday, 3 November 2011. It occurred during Adjournment debate on Shale Gas.


Shale Gas

Does the hon. Gentleman accept that notwithstanding what he properly identifies as the relationship between gas and oil prices, and the possibility of decoupling, shale gas—unconventional gas—is a relatively expensive part of the gas extraction spectrum, and will remain so regardless of what its plentifulness suggests? Therefore, if gas prices decouple and go below a certain point, the gas becomes uneconomical to extract and regulates itself to some extent on the basis of its unconventionality.


Secondary information

Type
Proceeding contribution
Reference
534 c355WH 
Session
2010-12
Chamber / Committee
Westminster Hall
Subjects
Energy supply Exploration Natural gas Safety Earthquakes Cuadrilla Resources
Link
View this Proceeding contribution on www.publications.parliament.uk