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sastyk | February 6, 2012Kurt 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 leaves them with a lot of played out gas heads and environmental consequences. Or worse, just a plain old bust.
But, in its early release of the Annual Energy Outlook for 2012, the U.S. Energy Information Administration (EIA) cut its estimate of technically recoverable resources of U.S. shale gas from 827 tcf to 482…