Wherein reality interferes with New York Shale Hype. First there’s the geology as the primary indicator of where shale gas might be productive in New York State. Then economics intervene – not just as a function of the price of gas, but the underlying financings of the Shale Game itself. And lastly, the regulatory considerations – which can reduce the productive area substantially. The Shale Gas Myth Busters are planning repeats of the Cornell forum for NYC, Syracuse and Oneonta. Watch this space for details.
Lou Allstadt discusses the industry’s view on New York here – whereby a retired Mobil Executive VP explains everything the industry knew about New York but did not bother to tell the press or the politicians – here
My take on the economic and regulatory impacts on shale gas productivity narrated on MyBrainShark here. (click reload if necessary)
And now, coming soon to a small screen near you, available now on YouTube, shown here. (turn sound up, I really do sound that bad in person)