Timing Is Everything: Great Britain Lifts 18-Month Moratorium on Fracking, Determines Fracking Is Safe (And Maybe Even Necessary)

It has been reported that Great Britain came within six (6) hours of running out of natural gas this past winter. It appears the country may have significant natural gas reserves if they choose to go after it.

So this is good news, being reported by Bloomberg:

The government lifted an 18-month moratorium on hydraulic fracturing, or fracking, used to exploit shale deposits in December after the completion of an investigation into two small earthquakes near Blackpool caused by Cuadrilla’s drilling. The company has delayed exploratory testing until next year to carry out environmental assessments. 

Timing is everything.

But confusion still appears to exist: "two small earthquakes near Blackpool caused by Cuadrilla’s drilling."