I greatly enjoyed Matt Ridley’s article on shale gas [In America, the shale gas revolution is creating jobs and growth. It can here too, last Thursday]. I believe it to be an important part of the USA’s strategy for becoming self sufficient in energy once more. The implications of America weaning itself off oil and gas imports are as great if not greater than its decline into dependence forty years ago.
[Re: Don’t lock the world out of London: New rules send the City back to the dark ages, last Friday]
John Waples must surely inhabit Cloud Cuckoo Land.
So we should rely on “assurances from the owners that they will not abuse their majority shareholding.”
We should rely on the assurances of Russian oligarchs? Get real, John.
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