Return of the Jedi
Return of the Jedi / Michael C. Lynch, President, Strategic Energy & Economic Research, Inc., IAEE Energy blog, 29/06/2011
The New York Times has published two amazing front-page articles on shale gas, which raise a number of issues about the prospects for the resource, suggesting that the reserves and profitability are vastly overstated. A careful reading of the article, however, suggests that it is more smoke than fire, and that most of the concerns are due to naivete and poor analysis rather than serious problems…