| Shale Promises? Or Shale Spin? The Economics Behind Fracking a talk by Deborah Rogers  Link to this page: http://tinyurl.com/ShalePromisesShaleSpin This talk was recorded 19 Jan 2012 in Binghamton NY, and contains late breaking information about the economics of fracking. Did you know... * 80% of the wells in every shale play are not profitable? This leads to the "drilling treadmill" effect, where the operators must keep drilling just to make debt service * The life of a shale gas well is not 30 years, but more like 4 years? * An SEC rule changed caused most operators to overstate their reserves? * LNG import terminals are being converted for export? In addition to the Youtube player, these others are also available: Please share this link with others who believe fracking shale will be good for the economy. Link to this page: http://tinyurl.com/ShalePromisesShaleSpin |
Tuesday, February 7, 2012
Deborah Rogers: Economics of Fracking (video)
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