Are We Living Through a Shale Bubble?

Posted by Environmental News Network: Malo Herry on June 28th, 2013
Environmental News Network: On May 24th, J. David Hughes and Deborah Rogers gave a briefing to summarize the findings of two new reports dismantling the myth of a "shale revolution". We've heard about it in the media, on both sides of the political aisle: shale gas and oil are the future of US energy. Indeed, natural gas prices dropped thanks to hydraulic fracturing (or fracking) and horizontal drilling, which helped lower the country's carbon emissions by reducing coal consumption. In January, Barack Obama said that: "We have......

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