US Shale Gas Supplies won't Last 10 Years: An Interview with Bill Powers

US Shale Gas Supplies won't Last Ten Years: An Interview with Bill Powers

by (The Energy Report )

The shale gas "miracle" is overhyped and bound to disappoint. That's what energy expert Bill Powers argues in his upcoming book. But Powers tells The Energy Report that this could be a very good thing for oil and gas companies and their shareholders, and he is placing his bets accordingly. The Energy Report: Bill, you have a new book coming out next spring entitled "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth." What is your basic argument?Bill Powers: My thesis is that the importance of shale gas has been grossly overstated;…Read more...http://oilprice.com/Finance/investing-and-trading-reports/US-Shale-Gas-Supplies-wont-Last-Ten-Years-An-Interview-with-Bill-Powers.html