The Blogtimely commentary and analysis on the state of energy

Jan

23

Marcellus Reserves Will Only Meet US Gas Demand for a Mere 6 years

According to a report released today, the USGS ( U.S. Geological Survey) slashed its estimates for the Marcellus Shale region by 66%. The USGS had announced in August that it expected to slash reserves by as much as 80% for the play. Additional drilling information gained over the last 12 months on actual production in […]

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Jan

23

MIT Study Says Shale Gas to Thwart Alternatives

According to National Geographic: “A team of researchers at Massachusetts Institute of Technology used economic modeling to show that new abundant natural gas is likely to have a far more complex impact on the energy scene than is generally assumed. If climate policy continues to play out in the United States with a relatively weak […]

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Jan

13

Bloomberg Acknowledges Shale Bubble

Bloomberg published an article entitled “Shale Bubble Inflates on Near-Record Prices for Untested Fields”. Interestingly, Bloomberg is now questioning many of the same points raised by the New York Times last summer in their article “Insiders Sound Alarm Amid Natural Gas Rush”. Although the New York Times received a great deal of criticism from industry […]

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