Rising gas prices have led to more calls for the UK govt to approve new gas extraction license applications in the North Sea. UK gov estimates between 100 and 200 billion m³ (bcm) of gas remain in the UK areas of the North Sea. More optimistic industry estimates are of up to 450 bcm. UK annual consumption is currently 65 bcm. So at current rates, reserves are ~ 3 years of total usage (maybe as much as 7 years, maybe as little as 1.5 years)...