Shale oil: Overhyped?

Two weeks ago at a conference on fracking in Agoura, an industry analyst named Gordon Pickering told about 150 geologically sophisticated insiders that natural gas companies are seeing rapid rates of decline in production in the Bakken formation in North Dakota. "It's requiring more and more drilling, and becoming increasingly energy intensive," he said. "TheContinue reading “Shale oil: Overhyped?”