Expert Analyses of the following article:
Drilling boom revives hopes for natural gas
Source: www.iht.com
August 26, 2008Oil & Gas industry ponders long term effects of this natural gas boom
Author: Michael Lynch, Consultant, Michael E. Lynch
Clifford Krauss in Houston reported in the August 23-24 issue of the International Herald Tribune that U.S. natural gas production is rising faster than it has in decades. It reverses conventional thinking about the irreversible decline of domestic gas fields. New drilling technology allows commercial production from shale beds. A decade ago, no one thought that possible. Similar shale deposits exist...
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