Big Money Drives Up the Betting on the Marcellus Shale

Source : New York Times

Recently, Joel Kirkland from ClimateWire published a fantastic 5-page article in the New York Times concerning the industry’s intent to embark on a massive campaign to extract natural gas from marcellus shale.  I implore you to follow the link and read the full article.  Here’s a short segment that illustrates the SIZE of the campaign.

But far from the Gulf Coast and outside of the media spotlight, Halliburton and the oil and gas industry are spending billions of dollars in preparation for decades of drilling in the Marcellus Shale. The 95,000-square-mile sheet of natural gas-rich sediment sprawls across Pennsylvania, southern New York, West Virginia and eastern Ohio…The industry expects to drill some 30,000 Marcellus wells by 2020.

Read the Full Article >>


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