1. Natural Gas Rush Comes to a Halt as Predictions Fail to Come True
... are boasting about the wells they are drilling, although many experts in the field are not buying into their talk. The natural gas companies are promising to deliver big profits and provide a vast new source of energy for the United States (Urbina). Hundreds of industry emails and internal documents and an extensive analysis of data from thousands of wells lead industry experts ... shale plays are just giant Ponzi schemes and the economics just do not work" (Urbina). Experts believe that there is a lot of gas to be extracted from shale formations, but they question whether companies can...
- Word Count: 1851
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate