UK Announces End Of Fracking Ban, Will Become Net Energy Exporter By 2040

The United Kingdom has ended its fracking ban in a push to strengthen the nation’s energy security after Russia shut down its flow of natural gas through the Nord Stream 1 pipeline earlier this month. While the United Kingdom “imports very little gas from Russia, gas prices are set globally and are now approximately 450% higher than they were this time last year,” BBC News explained. “The market is so tight at the moment that any disruption in supply causes more hikes in the price of gas,” said Carole Nakhle, CEO of analysts Crystol Energy, after Russia shut down the


