25 Aug '11, 11pm

Marcellus Shale Estimates Slashed by 80 Percent via @greentechmedia

Marcellus Shale Estimates Slashed by 80 Percent via @greentechmedia

Maybe natural gas isn't as bountiful as some like to think. The United States Geological Survey this week issued a report that the Marcellus Shale formation contains 84 trillion cubic feet of undiscovered, but technically recoverable natural gas and 3.4 billion barrels of technically recoverable natural gas liquids. That's well up from the 2 trillion cubic feet estimate issued by the USGS in 2002 for the geological formation that straddles Pennsylvania and New York. The increase is due to advances in hydraulic fracking. However, it is far lower than the estimate of 410 trillion cubic feet the Energy Information Administration has been recently using. As a result, the EIA said it would reduce its estimates by over 80 percent to match the USGS forecast. The report will likely give natural gas skeptics ammunition in the debate over the role that gas can and should play in the...

Full article: http://www.greentechmedia.com/articles/read/shale-gas-est...

Tweets

New USGS Marcellus Shale anaylsis drastically cuts DOE estimates

New USGS Marcellus Shale anaylsis drastically c...

postcarbon.org 25 Aug '11, 6pm

This week the USGS released a new assessment of gas resources in the Marcellus Shale, Appalachian Basin . The report is a ...

Fracking sadface: U.S. has one-fifth the shale ...

grist.org 25 Aug '11, 5pm

"Oops," says the United States Geological Survey, "We used to think the shale on the East coast of the U.S., which gas com...

Price slashed! 30% off!!!

blogshopcity.com 07 Sep '11, 7am

Singapore #1 Online Shopping Mall | SG BlogShop & Online SPREE Directory > BlogShop & Online Boutique Directory

Drumbeat: August 27, 2011

theoildrum.com 27 Aug '11, 1pm

Yesterday, I bumped into Stuart Staniford's 2006 piece in TOD, Extrapolating World Production , and thought I would update...

The Tricky Art of Estimating Shale Gas Reserves - Treehugger

The Tricky Art of Estimating Shale Gas Reserves...

treehugger.com 26 Aug '11, 10pm

... and that "there's a lot more work to be done in figuring out just how much gas is out there -- and how much can be dri...

ConAgra sued over ‘natural’ GMO cooking oils:

ConAgra sued over ‘natural’ GMO cooking oils:

grist.org 25 Aug '11, 11am

Cross-posted from Food Safety News . If you use Wesson brand cooking oils, you may be able to join a class-action lawsuit ...

New Maruti Swift off to a great start, 80% ordered diesel!

New Maruti Swift off to a great start, 80% orde...

paultan.org 25 Aug '11, 7am

Maruti plans to sell 18,000 units of the new Swift per month, making it the market leading brand’s second biggest model in...

Gerald Genta Passes Away at 80: Legendary watch designer Gerald Genta has died at the age of 80. Genta, who was

Gerald Genta Passes Away at 80: Legendary watch...

luxury-insider.com 25 Aug '11, 5pm

Legendary watch designer Gérald Genta has died at the age of 80. Charles Gérald Genta leaves behind a lasting legacy in th...

By 2017, there will be 5.2 million plug in hybr...

grist.org 24 Aug '11, 4pm

By 2017, there will be 5.2 million plug in hybrid and all-electric vehicles on the road worldwide, says Pike Research. Add...

Who says America doesn't make things? Last year...

grist.org 29 Aug '11, 4pm

Who says America doesn't make things? Last year, we exported $5.63 billion worth of solar products: photovoltaic cells, mo...