A Western Australia government poll has found that those who oppose the use of fracking technology exceed those who support it by a ratio of two-to-one.
This indicates that most residents disapprove the employment of hydraulic fracturing technology, with the research showing that 36 percent of those surveyed oppose it. On the other hand, a mere 22 percent of the respondents said that they supported the use of the technology, which uses a mixture of chemicals, water and sand that is pumped deep into the shale rocks to release the trapped oil or/and natural gas, reported the West Australian.
A mere 7 percent of those surveyed indicated that they were strongly in support of fracking, a tiny fraction compared to the 26 percent who said they strongly opposed the use of this technology. The polling was carried out by an East Perth-based consulting firm Research Solutions at the behest of the Department of Mines and Petroleum.
The survey poses a tight dilemma to the government as more energy companies use fracking to exploit oil and natural gas in onshore sites. Nearly two weeks ago, Environment Minister Albert Jacob drew the wrath of environmentalists when he disregarded their opinions and gave Buru Energy the green light to employ fracking in the Kimberley.
The poll’s results were welcomed by Conservation Council of WA director Piers Verstegen who said that the research indicated that most residents weren’t in favor of fracking.
Australia is estimated to have some of the world’s biggest shale reserves, with the biggest one located in the Canning basin to the north of Western Australia. China has the world’s biggest shale gas reserves, with Australia ranking seventh, though it is ahead of Russia. To register for a free 2-week subscription to ForexMinute Premium Plan, visit www.forexminute.com/newsletter.
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