Head of Analysis at @ECIU_UK.
Fomerly @UKHouseofLords, @ImperialCollege, @Ofgem.
Physics PhD @UnivOfStAndrews.
#Munroist.
Views own. Retweet ≠ endorsement.
Mar 2, 2022 • 9 tweets • 4 min read
1. Graph on left (from Economist) is used by minority who want UK to copy US #fracking. But it actually tells a different story, linked to map on right (by BP).
Key point: US is connected to global #gas market, but is cushioned by geography that cannot apply to UK.
THREAD 2. If you think about it, the implication made by some about US shale is obviously mistaken. In reality, US gas producers would sell into EU and Asian market if they could because the price is higher. And this would push up the price that US customers had to pay - it already has.
