11 Jan '12, 3pm

Shale Gas Bubble: Bloomberg News Confirms NY Times Finding That Fracking Boom Is a Bust

…the gas may not be as easy and cheap to extract from shale formations deep underground as the companies are saying, according to hundreds of industry e-mails and internal documents and an analysis of data from thousands of wells. … Company data for more than 10,000 wells in three major shale gas formations raise further questions about the industry’s prospects…The data show that while there are some very active wells, they are often surrounded by vast zones of less-productive wells that in some cases cost more to drill and operate than the gas they produce is worth . Also, the amount of gas produced by many of the successful wells is falling much faster than initially predicted by energy companies, making it more difficult for them to turn a profit over the long run. If the industry does not live up to expectations, the impact will be felt widely . Federal and state lawma...

Full article: http://www.desmogblog.com/shale-gas-bubble-bloomberg-news...

Tweets

Super Fracking Goes Deeper to Pump Up Natural G...

peakoil.com 12 Jan '12, 12am

Super Fracking Goes Deeper to Pump Up Natural Gas Production As regulators and environmentalists study whether hydraulic f...

New Concerns Confirm NY Not Ready For Fracking ...

switchboard.nrdc.org 10 Jan '12, 9pm

Tomorrow marks the last official moment for New Yorkers across the state to speak up and have their opinions heard about t...

EPA maps the worst greenhouse gas offenders

EPA maps the worst greenhouse gas offenders

grist.org 11 Jan '12, 6pm

The EPA has organized its data on major greenhouse gas emitters into a handy interactive map . You can zoom in on your are...

Just out: EPA's first-ever comprehensive greenhouse gas reporting program

Just out: EPA's first-ever comprehensive greenh...

epa.gov 11 Jan '12, 4pm

Greenhouse Gas Reporting Program Data for Calendar Year 2010 Related Links Press Release Fact Sheet (PDF) (2 pp, 671K) Fre...

BMW Confirms 6-Speed Manual Transmission for the 2013 M5.

BMW Confirms 6-Speed Manual Transmission for th...

bmwusa.com 11 Jan '12, 8am

BMW Confirms 6-Speed Manual Transmission for the 2013 M5. Detroit, MI – January 9, 2011… On the occasion of the North Amer...

Middle England and eco-activists unite in oppos...

theecologist.org 15 Jan '12, 9am

The UK's shale gas boom is spreading. After more than a year of exploratory drilling in Lancashire, new sites are now bein...

What Do Falling Natural Gas Prices Mean for Ren...

renewableenergyworld.com 13 Jan '12, 7pm

According to the U.S. Energy Information Administration, average natural gas prices on the wholesale spot market dropped a...

Lots of news (bad) about the health risks from ...

switchboard.nrdc.org 11 Jan '12, 8pm

Over the last few days there has been a lot of news re lated to the human health impacts of oil and gas production. In Eri...

Radionuclides Tied To Shale Gas Fracking Can't Be Ignored As Possible Health Hazard

Radionuclides Tied To Shale Gas Fracking Can't ...

desmogblog.com 14 Jan '12, 9pm

In the Marcellus Shale region, the particular nuclide in question is Radium-226. Radium comes from uranium, which naturall...

Finding Hope and Sustainability in Rebuilding Haiti

Finding Hope and Sustainability in Rebuilding H...

greenbiz.com 12 Jan '12, 1pm

Two years ago this week, a catastrophic earthquake hit Haiti, killing more than 315,000 people. Today, the work to rebuild...

What Do Falling Natural Gas Prices Mean for Ren...

renewableenergyworld.com 13 Jan '12, 8pm

According to the U.S. Energy Information Administration, average natural gas prices on the wholesale spot market dropped a...

HyperSolar’s Green Gas Makes Fracking Obsolete

HyperSolar’s Green Gas Makes Fracking Obsolete

cleantechnica.com 17 Jan '12, 1pm

HyperSolar is also developing its technology for application to municipal and industrial wastewater, and that should reall...