Scotland's Highest Court Rules In Favor Of Government To Ban Fracking -- June 19, 2018

From Reuters via Rigzone:

Scotland's highest court has ruled in favour of a government ban on fracking which had been challenged by energy giant Ineos.

The devolved government said a moratorium on fracking - gas extraction via hydraulic fracturing of the ground - was in place. That meant no local authority could grant planning permission until an impact assessment process had been carried out.

Ineos had argued that the ban was imposed unlawfully, and that it contradicted evidence that shale gas could be produced safely by unconventional methods.

Scotland decided to outlaw fracking in October after a public consultation found overwhelming opposition to it.

Comment: more good news for the Bakken and the US. More at the link. Most interesting to me -- I did not realize I already had a tag, "Road_To_Scotland" -- LOL.

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China At A Tipping Point

John Kemp, Reuters oil analyst based in London, has three interesting slides over at Twitter today.  Kemp has an agenda, by the way. As we all do.

If one thinks about the graphics above and Kemp's thesis, it comes down to this:

• China will have to become energy independent over the next few years
• the US will have to start making its own televisions and plastic toys or find another international source

This is not rocket science.