Is Fracking Bad for Drillers and Investors?
Legalization of oil exports from the United States, as well as burgeoning LNG (liquefied natural gas) exports, have created new markets to absorb record production
By Institute for Energy Research —— Bio and Archives--July 18, 2019
Global Warming-Energy-Environment | Comments | Back To Full Article
A recent feature at the anti-fossil-fuel Desmog Blog reported the "stunning admission" of a former shale CEO that fracking was a fool's errand for industry. "The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions," stated Steve Schlotterbeck, formerly of EQT. "In fact, I'm not aware of another case of a disruptive technological change that has done so much harm to the industry that created the change."
He closed: "The technological advancements developed by the industry have been the weapon of its own suicide."
Read Full Article...
Welcome to CFP’s Comment Section!
The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
READ OUR Commenting Policy