Michael Fallon
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Fallon: Fracking could make huge difference to economy

13 January 2014 Last updated at 13:42 GMT

Michael Fallon says fracking "could make a huge difference to our economy" and there could be up to £10m per site from developers to share out.

The business minister said it would be a gamble for those firms taking part, but "not a gamble for the environment" and there would be strict regulations.

He spoke to Jo Coburn on the Daily Politics about how fracking has cut bills in the US - and when British people might see their energy bills fall.

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