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U.S. Shale Oil And Natural Gas, Underestimated Its Whole Life

October 25, 2020 by

Back on June 21, 2011, The New York Times ran a now forgotten piece also questioning the viability of shale: “Insiders Sound an Alarm Amid a Natural Gas Rush.” Read the article for yourself, but it cited the Federal Reserve Bank of Dallas and a few geologists on their skepticism over the survival of the U.S. shale industry. To them, the bubble was about to burst.

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