Tag Archive for Post Carbon Institute

U.S. Government Oil Forecasts “Wildly Optimistic” – Shale Revolution a Short-Term Bubble

We would do well to pause, and ponder both the data and implications presented in the Post Carbon Institute’s latest report, released a few days before Halloween, Drilling Deeper: A Reality Check On U.S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom. The PCI’s new report exposes current oil industry & Energy Department…