As far as gas prices go, they «eventually» have to be much higher
because shale plays are not economic at this price.
Not exact matches
Because of the pace of
shale gas development, scientists are basically
playing catch up.
From the article: There is a lot of talk these days of the U.S. becoming energy independent
because of the new horizontal drilling and fracking techniques, which have opened up the vast
shale plays across the country.
And from what is now known about all the major US
plays (excepting the Moneterey
shale, where
because of folding and faulting no one has yet figured out how to successfully use the technology), EIA has simply figured out how many more wells could be drilled before all the known pay is fully drilled.