Good coverage of shale gas in Rolling Stone

March 2, 2012 at 2:53 pm
Contributed by: Chris

Jeff Goodell has a couple of good recent pieces about shale gas in Rolling Stone. The first, an entertaining close-up of Chesapeake CEO Aubrey McClendon and his company’s business model, appears to have drawn heavily from my recent pieces on shale gas, although without direct attribution. The second, out today, speaks to President Obama’s assertion that we have 100 years of shale gas, and does quote my piece in Slate. Goodell is a fun writer to read, and these are worth a look if you are interested in the subject.

Separately, it seems the unfavorable economics of shale gas production are finally hitting the street, as¬†Russia’s Lukoil announced yesterday that it is pulling out of $1.8 billion shale gas deal in the U.S.

Postscript March 5, 2012: I should clarify that I do not agree with all of Goodell’s representations. I also note that Chesapeake has issued a rebuttal and that Art Berman has objected to some of Goodell’s statements about him.

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