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A Shale Gas Boom?

Will we have a shale gas boom? I’ve described the contentious argument among those who follow the natural gas industry. Generally, my sympathy lies with skeptics like Art Berman. As someone who has written extensively about peak oil, I’ve encountered the human proclivity to hype a situation far beyond any semblance to reality time and time again… Nevertheless, I’m going to say the jury is still out on this one. That’s not a cop-out, because the verdict will be in very soon, certainly within the next few years.

Posted On : Published By : aspo-usa
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Commentary: Interview with Charlie Maxwell (Part 1 of 2)

By crushing demand, we are in effect gaining two more years, maybe three, in which we in the consuming world have added to our time before the peak, and could take good advantage of, since the peak is right upon us-I have it still at 2015 for all liquids. But, given the way we’re going about it, given the politics, given the direction of the world–like the Chavezs nationalizing all those oil service companies, and the continued Russian attitude–I don’t think that mankind is going to take advantage of those extra two or three years.

Posted On : Published By : aspo-usa