1. Natural Gas Rush Comes to a Halt as Predictions Fail to Come True
... energy research company, wrote in an email, "The word in the world of independents is that the 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 extract it for as little money as they are claiming. There are ... produce is worth. Furthermore, the gas from the successful wells is falling much faster than energy companies originally thought, reducing their profits in the long run (Urbina). The skeptical experts fear the repercussion...
- Word Count: 1851
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate