Momentum is building for Britain's fracking revolution

The Government has been talking up the transformative potential of fracking for three years and yet to-date not a single shale well has been drilled.

The Government's ambition has collided with local politics and passionate protests leading to delay and frustration.

Since the election the government done everything it can to speed up the process, sending out the clear message that it will intervene in the planning process if necessary.

The Prime Minister is determined to push ahead with fracking even if it ends up upsetting people in parts of the country that tend to vote Tory.

He does so because he believes that shale gas and oil could transform our nation's fortunes creating jobs, lowering energy bills and potentially our carbon emissions.

I've been in the South Downs National Park. The 4.5 billion barrels of oil lies trapped in shale rock under a series of constituencies held by the Conservatives, stretching from Hampshire in the West to Kent in the East.

That's enough to supply Britain for nine, if all of it is extractable, which of course it won't be.

And that's the point. We have no idea how much of Britain's shale oil and gas reserves can be commercially extracted.

Large quantities of oil and gas have been found in shale rock in Britain. Credit: ITV News

We are in the exploratory phase, the only way we'll find out is by drilling and then fracking.

Companies can see that balance of power shifted in their favour.

Tomorrow, at midday, the Government will announce who has successfully bid for licences to frack in another 139 parts of Britain.

I'm told that every licence has been awarded, the expectation is that INEOS is set to emerge as another significant player.

There's a sense of momentum building.