Geological consultant and energy expert, Arthur Berman, has an interview with Oilprice.com with some frightening observations. (Oilprice) The most sobering may be the following: A lot of investors from other parts of the world, particularly the oil-rich parts have been making somewhat high-risk investments in the United States for many years and, for a long…
Clifford Krauss and Eric Lipton continue the excellent New York Times coverage of the shale gas boom and bust. (NYT) There are some fascinating revelations in the article: 1. The drilling companies were forced under contract to keep drilling, even as the price of natural gas collapsed: The land that the natural gas companies had…
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