Why US Shale May Fizzle Rather Than Boom

The Shale Revolution may not really end up being a revolution after all. A new study in Nature finds that the estimates for shale gas production could be vastly overblown, and production could peak within the next decade. It is first important to note that forecasting energy production years into the future is always difficult and pinpointing the trajectory of oil and gas production years out is an impossible task. However, many forecasters, including the closely-watched Energy Information Administration (EIA), have highly bullish projections on…

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