Recent Findings Reveal Massive Government Funding Behind Advances in Shale Gas Production
The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government subsidies for research, demonstration, and production, a new Breakthrough Institute investigation finds.
Both directly and indirectly, the government was behind the critical moments and tools in the shale gas revolution massive hydraulic fracking (MHF), 3-D mapping, horizontal drilling, and horizontal wells.
"I'm conservative as hell," Dan Steward, the former Mitchell Energy geologist whose company pioneered shale gas in Texas, told us. But when asked about the role of government, Steward told us, "They did a hell of a lot Read more...
Both directly and indirectly, the government was behind the critical moments and tools in the shale gas revolution massive hydraulic fracking (MHF), 3-D mapping, horizontal drilling, and horizontal wells.
"I'm conservative as hell," Dan Steward, the former Mitchell Energy geologist whose company pioneered shale gas in Texas, told us. But when asked about the role of government, Steward told us, "They did a hell of a lot Read more...
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