Deborah Rogers: Economics of Fracking (video)

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? youtube.com/watch?v=JYaC7L2svoQ In addition to the Youtube player, these others are also available: vimeo.com/36330628 blip.tv/shaleshock-media/deborah-rogers-economics-of-fracking-full-talk-5939313 Please share this link with others who believe fracking shale will be good for the economy. Link to this page: http://tinyurl.com/ShalePromisesShaleSpin