March 26, 2010

Bona fide national treasure troves.

There have been some astonishing escalations of these numbers [for the Haynesville and Marcellus Shales] . . . . These volumes would put them at the #2 and #3 positions in world natural gas reservoirs . . . . Even the most conservative estimates put the two US shale gas fields at a minimum of 30 Tcf, truly remarkable in any case.
I hope we’re not doing anything to extract this gas. Common sense requires that we perfect solar and wind energy first.

"A Response to ‘New Research Questions Haynesville Shale Economics’." By Michael Economides, Energy Tribune, 3/20/10.

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