Daily Archives: July 9, 2011

Recommended Reading: New EIA Report, “Review of Emerging Resources: U.S. Shale Gas and Shale Oil Plays”

A new report by the U.S. Energy Information Agency is an important read for all seriously interested in oil development and economics.   See “Review of Emerging Resources:  U.S. Shale Gas and Shale Oil Plays, Energy Information Administration (July 2011).

While reports about gas shale plays in the Lower 48 have become increasingly common on a region basis, this report is an excellent comprehensive overview of the staggering size of the potential of the resource at the full Lower 48 level. Continue reading