September 2011, Vol. 238 No. 9

Features

Shale Gas in Todays Context

It’s no secret: popular media publications and those from the energy industry don’t always agree. But about six years ago, the national press radically split with the industry press on the subject of natural gas. The popular media foresaw an imminent gas shortage, a price increase of nearly 50% in a single year – and worse to come. They saw interrupted supply in response to Hurricanes Katrina and Rita. They bemoaned the slow pace of LNG facilities coming onstream. They saw gas as yet another area of U.S. dependence on foreign energy. There was no excuse for all this gloom and doom: at that exact same time, on-the-scene industry press was enthusiastically publi

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