By Deborah Lawrence (formerly Deborah Rogers) Shales have always had a problematic business model. They decline too rapidly. The recovery efficiencies are very poor averaging a mere 6.5% in direct contrast to recovery efficiencies in conventional plays of about 75-80%. The wells are quite expensive and perhaps most damning of all, most of the companies […]
America has come to a crossroads with regard to energy. Should we rely heavily on natural gas? Or should we use natural gas as a bridge fuel to alternative forms of power such as wind, nuclear and solar. These questions have serious long-term implications for every consumer of energy in the U.S.