Tuesday, January 20, 2015

U.S. Department of Energy: Our forecasts aren't really forecasts (or are they?)

Resource Insights: "It would be very difficult for the EIA to speak plainly and tell Congress--now filled with representatives who've been thoroughly propagandized by the U.S. oil and gas industry and, in some cases, heavily subsidized in their campaigns both directly and indirectly by the industry--that the shale boom isn't all that it's been advertised to be and, that large uncertainties suggest that the country should not place all of its eggs in the oil and natural gas basket."


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