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Politics : Rat's Nest - Chronicles of Collapse
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To: Ron who wrote (12345)6/27/2011 10:39:59 AM
From: Wharf Rat  Read Replies (1) of 24228
 
The Energy Bulletin has a link to the three recent excellent articles by Ian Urbina, with the NYT, covering various aspects of the shale gas plays:

energybulletin.net.

He was on CNBC this morning, and I thought that he did a very good job. He said he was primarily trying to highlight a discussion, within the industry, that had been heretofore largely hidden (with the exception of course of ASPO-USA, the Energy Bulletin & The Oil Drum). He specifically highlighted the fact that many publicly held companies were drilling wells that did not make a lot of sense on a per well basis, but they added crucially important* proven and proven undeveloped reserves, especially in terms of barrels of oil equivalent--which is the same point that the "Rock" and Art Berman, et al have been making.

westexas on June 27, 2011 - 9:19am
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