
Shale gas is the new petroleum revolution but I am second guessing its sustainability. I'm not an expert in this area so I'm putting this out there for anyone more experienced. Does anyone know more about it?
International Level: Politics 101 / Political Participation: 5 0.5%
The Shale Bust Arrives: November Permits For New Shale Wells Tumble 15%:
Reuters reports, new data suggests that the much-anticipated slowdown in shale country may have finally arrived - permits for new wells dropped 15% across 12 major shale formations last month, as one analysts warns, "The first domino is the price, which causes other dominos to fall." Ref. Source 3