Energy Environmental Blog

Shale Boom

Written by Greg Russell | Jul 12, 2010 11:43:29 AM

The NYT has an article on the competing views on Marcellus drilling (a topic we've noted in the past).  An example:  "There [in Williamsport, PA], real estate and industrial space going for a premium blunt the impact of the worst American recession since the Great Depression."

[Update:  For another NYT article on the development going on in the Marcellus, see here:  "The industry expects to drill some 30,000 Marcellus wells by 2020. Placing a thumb on an accurate figure for how much gas can be recovered from the Marcellus remains a matter of geological guesswork. But if companies develop the shale to its full potential, according to some estimates, it rivals Russia's massive gas fields and the untapped reserves off the coast of Iran and in the Caspian Sea."]