DEBORAH ROGERS, Financial Analyst, Invited To Discuss Shale Gas Economics Oct. 17Messengers who bring news that people do not want to hear are often brushed aside and ignored. It took a child, who was not affected by peer pressure or ridicule to declare “the Emperor has no clothes!” When Deborah Rogers first reported her findings that the natural gas industry’s claims and their real world production numbers did not jibe, the industry tried to discredit her in an effort to draw attention away from what she said. Since that time more data and more independent reports confirm her early assumptions. Policy makers, financial advisers, and investors should be aware of natural gas boom/bust possibilities since resource extraction historically follows this pattern. The industry’s marketing campaigns claim natural gas is an energy bridge to a sustainable future. Ms. Rogers describes the economic future she sees for unconventional gas and questions the predictions of it being a hundred year supply.
Internet resources on the Fayetteville Shale Play and hydraulic fracturing are here