British Geological Survey revises up its shale gas estimates.

Guardian: “Britain is sitting on shale gas deposits that could supply the UK for 25 years, suggests an independent report that ramps up previous estimates for the controversial energy source.” “New figures published on Thursday by the British Geological Survey indicated that the amount of shale resources, mainly sitting under the north of England, will trigger a new dash for gas. BGS published a long-awaited report that suggested an area stretching from Lancashire to Yorkshire and down to Lincolnshire could hold at least 1,300 trillion cubic feet of gas. This compared with the drastically more modest figure of less than 5tn cubic feet produced only three years ago, but covered a far smaller area – the Bowland region in north-west England.”