[Peakoil] Shale gas to have limited short-term impact on global market

[Keith]

On 22/05/2013, at 8:02 AM, Jenny Goldie wrote:

> http://www.enviroinfo.com.au/shale-gas-to-have-limited-short-term-impact-on-global-market/
> Shale gas to have limited short-term impact on global market
> May 21, 2013, EnviroInfo 
> Shale gas is set to remain a largely regional resource over the next one to three 
> years with an uncertain global impact due to the increased technical challenges 
> and higher development costs of the resource, according to a new report.
>
> The Deloitte Touche Tohmatsu Limited 2013 Oil and Gas Reality Check report 
> focuses on the primary challenges facing the oil and gas industry including: shale 
> gas, liquefied natural gas (LNG) pricing, resource nationalism, national oil 
> company (NOC) expansion, and market complexity.

On Monday Jim Kunstler posted a map showing that the size of the Eagle Ford and Bakkan 'plays' does not match the size of the hype accompanying the spruiking for investment funds by companies hoping to exploit them:

http://kunstler.com/blog/2013/05/the-new-abnormal.html
------------------------------
Keith Thomas
myrmecia at gmail.com
+44 74 2929 4146
------------------------------