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Shale, A 'full tank of freedom' or a 'Faustian bargain?'
2014-12-10 16:13:55| Oil IT Journal - www.oilit.com
Neil McNaughton admits a few shaly prejudices. Seismic shows sweet spots but are these reported in reserves numbers? One engineer speaks of 'Faustian bargain' to fiddle the numbers. How long will the frackers continue with $70 oil? Who'll pay for the billions of 'distressed' energy junk bonds?
Tags: full
freedom
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Category:Energy and Environment
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