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
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