Shale Drillers Offered Water Cheaper Than U.K. Residents

Posted by Bloomberg: Sally Bakewell on October 9th, 2013
Bloomberg: Britain’s water utilities, which coped with at least three separate periods of drought in the last decade, are ready to offer discounts for drillers needing supplies for fracking oil and natural gas wells. A reduction would help make the technique to extract hydrocarbon reserves more profitable in Britain, where municipal water rates often are two-thirds higher than in the U.S., according to data compiled by Bloomberg. Hydraulic fracturing uses high volumes of pressurized water mixed with chemicals......

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