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The American Empire in a Changing World



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Friday, August 26, 2011

'US Slashes Estimate of Recoverable Gas in Marcellus Shale by 80%'

from treehugger.......

"In a rush to convince the public that natural gas is a key energy solution, even a fuel of the future (or at least a long-term stopgap between dirtier fossil fuels and full-fledged clean energy) the industry cut more than a few corners, we're now finding out. The industry claimed that it contaminated no water supplies with its fracking practices, but this was later proven untrue. They claimed existing regulations on the industry were sound, and its drilling operations were safe -- and then citizens in nearby towns found themselves pouring flammable water out of the tap.

Now, after being roundly criticized for relying too much on industry-friendly consulting services to obtain its information, the U.S. Geological Survey has slashed its estimatefor how much natural gas is recoverable in the nation's largest untapped store by 80%. This is sure to send a ripple through the industry, as the purported abundance of the fuel was a key part of its appeal".............READ MORE

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