Thursday, August 25, 2011

Marcellus: Reeling in Expectations??

I'm no geologist, but what's going on here?
The U.S. will slash its Marcellus Shale reserve estimate to 84 trillion cubic feet of gas from the earlier estimates of 410 trillion...
Although the new number is higher than USGS's last estimate in 2002, it represents a 80% decrease from the recent EIA estimate.
Quick story link: Slashing Marcellus Story

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