Lockitt , Yep , I thought I had invested in an in-situ coal...

Lockitt ,

Yep , I thought I had invested in an in-situ coal gasification focused company and was happy with CO2 enhanced oil recovery bolt on .

I am inclined to give Linc the benefit of the doubt that they could not have foreseen the full extent of the effect of the coming shale gas /tight oil thing on oil and gas prices and indirectly on UCG.

However , the oil exploration was surely a terrible misadventure as you point out .

I'm over in the U.K. and it seems like on mainland Europe , coal is making a come back for electricity generation . It may be that gas is only used for domestic and industrial heating .

Not anthracite but the locally sourced dirty wet brown lignite stuff .

Germany are building more lignite power stations and are going to pay them to operate on stand by rather than continually .

The green movement puts Germany on a pedestal and will never admit that Germany's environmental credentials are as fake as VW diesel emissions figures .