More on the benefits of shale gas as touted by fracking companies being overstated: According to new independent analysis, published in The Oil Drum , of extent of the US’ shale gas reserves and the economics of extracting those finds that “industry reserves are over-stated by at least 100 percent”. Furthermore, the analysis raises questions about the economic viability of many fracking projects, stating, “Despite impressive production… Read the full story on TreeHugger
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US Fracking Industry Reserves Overstated By At Least 100%: Report