20 Sep '12, 2pm

Deepening Doubts About Fracked Shale Gas Wells' Long Term Prospects

Deepening Doubts About Fracked Shale Gas Wells' Long Term Prospects

This month, the Pennsylvania Department of Environmental Protection released its bi-annual report on how much natural gas has been produced in the Marcellus Shale, a rock formation which stretches underneath much of Appalachia. Investors were shocked because the production numbers seemed far lower than expected . Watched closely by market and energy analysts, the report sparked a heated debate about the oil and gas industry's excited rhetoric about fracked shale gas as the cure-all to many of America's energy and jobs needs. But the story quickly got complicated. The report was released despite lacking data from the state’s second largest driller, Chesapeake Energy, and state regulators never flagged the omission. The amount of gas flowing out of Pennsylvania had actually climbed dramatically . It was a major flaw, and suddenly the searing spotlight of the media honed in o...

Full article: http://www.desmogblog.com/2012/09/06/deepening-doubts-abo...

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Running Long

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gas2.org 19 Sep '12, 6pm

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A Short Cut To The Long Run via @runcompetitor

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theoildrum.com 25 Sep '12, 10am

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