Will fracking reduce UK gas prices? What impact fracking in the UK will have on domestic energy bills will depend on the level of production and the cost of extraction, which at this stage are largely unknown. It is, however, unlikely that the UK will be able to replicate the US experience with dramatically falling natural gas prices, as unlike in the US, prices in the UK are heavily influenced by supply and demand factors outside its own borders.
Posted on: Fri, 29 Nov 2013 11:30:58 +0000