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Archive for "Jun 28 2011"

Another Bullet in the Old Gray Lady’s Ass

Clean, cheap and abundant source of energy, right here in the U.S. of A?
Pinch’s Puppets can’t let that go un-slurred:

Over the weekend The New York Times published this story on how the business of drilling natural gas out of shale is some sort of ponzi scheme, even Enron-like. The article suggested that there’s really not as much gas in these plays as the industry wants us to believe, that companies are making false claims about the productivity of wells, and that the costs of extracting the gas might be so high as to not be economic.

Most of this argument is absurd on its face.

via New York Times Is All Hot Air On Shale Gas – Christopher Helman – Fuel – Forbes.

The website Energy in Depth has a handy roundup of all the various outlets slamming this naked political hit piece.

the bullet list.

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