natural gas

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Category archives for natural gas

Kurt Cobb as usual gets right to the practical heart of the matter in his latest column about why expanding claims about reserves, EVEN IF TRUE don’t translate to cheap oil and gas: Here’s the short version of why forecasts of low long-term oil and natural gas prices are almost certainly wrong: It costs more…

Fracking and Housing…

The always-thoughtful Kurt Cobb has a great piece on the intersection between the hydrofracking boom and the mortgage mess: One fact ought to tell you all you need to know about the risks faced by homeowners signing leases for natural gas drilling on their property: Wells Fargo & Company, both the largest home mortgage lender…

Shale Hype

Kurt Cobb has a great article at Resource Insights about why I think the best case against fraccing in my area isn’t the water, it is the boom and bust cycle – with a predominance of bust. The last thing rural PA or upstate NY need is another short term boom and bust cycle that…

A few readers have asked me to comment on Goldman Sachs’ prediction that the US will be the world’s largest Oil producer in 2017. I am delighted to do so. Several possible comments come to mind. 1. Apparently Crystal Meth has become the trendy drug at Goldman. 2. How did the Yes Men get this…

Once upon a time, I advised people looking for a peaceful and happy future to choose land under which there were no energy resources. I should have taken my own advice – I’m on the fringe of the Marcellus Shale and the discussion and debate is becoming heated here. Like everyone, I don’t particularly want…