By Bill Powers
Relying on defective technology, bought-and-paid-for-white papers masquerading as autonomous learn and "industry consultants," the "shale promoters" have significantly overstated the practicable offer of shale fuel assets for his or her personal monetary achieve. This startling exposé, written by means of an insider, means that the stakes considering the Enron scandal may appear like lunch funds compared to the bursting of the typical gasoline bubble. Exhaustively researched and conscientiously documented, Cold, Hungry and within the Dark:
- Puts supply-and-demand tendencies lower than a microscope
- Provides overwhelming proof of the absurdity of the only hundred-year provide fantasy
- Suggests a variety of how you can mitigate the approaching common fuel cost spike
The mainstream media has informed us that ordinary gasoline might be reasonable and ample for many years, while not anything might be farther from the reality. Forewarned is forearmed. Cold, Hungry and within the Dark is essential interpreting for a person taken with the inevitable monetary impression of our doubtful strength future.
Bill Powers is an writer, inner most investor, contrarian and sits at the board of administrators of Calgary-based Arsenal Energy.
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Additional info for Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth
I cannot say “thank you” enough to Art Berman, who graciously let me include much of his groundbreaking work on shale gas and decline curves. Also, I owe a huge debt of gratitude to fellow contrarian and author James Howard Kunstler, who went out of his way to help me get published and put me in touch with the great people at New Society Publishers. It has been a joy to work with Ingrid Witvoet, EJ and Sara at New Society to get this book out the door. Thank you for taking a chance on me. Scott Steedman made much magic happen in taking my raw manuscript and turning it into a real book.
The Coming Increase in Industrial Demand for Natural Gas 8. Commercial and Residential Consumers Add to Demand Inelasticity 9. Natural Gas Vehicles: A Non-Starter Part Three: Supply: We Will Not Produce Our Way Out of the Next Crisis 10. Texas: The Big Enchilada 11. Louisiana’s Fleeting Production Rebound 12. The Gulf of Mexico’s Terminal Decline 13. The Cowboy State’s Reversal of Fortune 14. New Mexico’s Long Slide 15. Pennsylvania’s Marcellus Renaissance 16. Arkansas: Limits of the Fayetteville Shale Abundantly Clear 17.
03: Letter from the US Mint. L. L. L. L. L. 95-621) The two acts aimed directly at alleviating the worsening natural gas crisis were the Power Plant and Industrial Fuel Use Act (FUA) and the Natural Gas Policy Act (NGPA). 36 The NGPA increased wellhead price ceilings to provide additional economic incentives for producers. 37 Additionally, the NGPA allowed for the phasing out of natural gas wellhead price controls for newly drilled wells, with the goal of total deregulation by 1985. 38 In the next chapter I will explore how the NGPA created a two-tiered pricing structure for natural gas and set the stage for the development of “take or pay” contracts between producers and pipeline companies.