I am waiting for a ten year old genius to get us out of this oil and gas fixation. The current ads disgust with their complacency,
9/5/11
A little truth about natural gas
S.E.C. Subpoenas Energy Companies for Records on Shale Gas Wells - NYTimes.com: "For example, the 2011 summer newsletter of the National Energy Technology Laboratory, a research arm of the Department of Energy, says that technology needs to improve in the Barnett shale in Texas, and in other shale gas areas, for these shale gas wells to be more economically viable. Shale gas wells often decline sharply after their first year ... “A crucial challenge for the industry today,” the newsletter said, is that only a “fraction” — a third or less — of wells show “sustained long-term production,” which makes it difficult for companies to make money on this drilling."
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