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Fracking: is it or isn’t it going to produce a lot

The New York Times writes about some doubts over the boon in gas that fracking will produce:

In the e-mails, energy executives, industry lawyers, state geologists and market analysts voice skepticism about lofty forecasts and question whether companies are intentionally, and even illegally, overstating the productivity of their wells and the size of their reserves. Many of these e-mails also suggest a view that is in stark contrast to more bullish public comments made by the industry, in much the same way that insiders have raised doubts about previous financial bubbles.

And by the way, the Chesapeake Energy CEO says the article is misleading. Must protect investors, must protect investors.

Posted in Enviro.


One Response

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  1. sybil diccion says

    I am not well-enough versed on the subject of fracking to make any sort of judgment on its evils. I do know, however, that if I could ignite a flame from my kitchen faucet like so many of the testimonials, it would make a believe out of me.

    I DO know that John Bancroft believes it is the #1 issue at hand. He says that if the nation’s water supply is eventually affected, it will doom us as a civilization.

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