Saturday, June 23, 2012

United Kingdom: Worry for homeowners who face the threat of fracking

Guardian: Fracking has already caused small earthquakes in the north-west, but homeowners in the vicinity of shale gas extraction could face an even worse aftershock: falling house prices. John Johnson, manager of estate agent Farrell Heyworth in the Lancashire town of Poulton-le-Fylde, near one of the main drilling sites, says: "There are a lot of properties coming on to the market, and some of the owners are saying they want to get out before prices start dropping." Fracking involves drilling a well...

URL: http://www.guardian.co.uk/money/2012/jun/23/fracking-undermine-value-home
Enclosure: http://static.guim.co.uk/sys-images/MONEY/Pix/pictures/2012/6/22/1340366186748/A-masked-man-protesting-a-008.jpg

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