NY shale prospects dim after six years

By Tom Wilber

New York’s Marcellus Shale gas reserves, once thought to be world class, continue to lose their luster along with the gumption to develop them.

Shale gas proponents, once giddy with anticipation during the leasing boom of 2008, know now what they didn’t know then: legal hurdles to overcome state and local roadblocks look more formidable if not insurmountable with each passing court case and hearing, and the resource looks less and less worth the effort under today’s economics...to read the full article, visit Tom's blog, Shale Gas Review.

 

Upstate journalist Tom Wilber is the author of Under the Surface, a report on the fracking of Pennsylvania, published by Cornell University Press. This article is a post from his blog, Shale Gas Review


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