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Groundbreaking Reports Show Fracking is a Risky Short-Term Bubble

2013-02-19 21:50:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Energy Policy Forum and Post Carbon Institute have released two groundbreaking reports that belie energy industry claims of U.S. energy independence as a result of newly accessible shale gas and shale (tight) oil. The report findings are based on an unprecedented analysis of more than 60,000 U.S. shale oil and gas wells and an investigation of the role of Wall Street investment banks in the explosive growth of fracking for natural gas. Drill Baby Drill: Can Unconventional Fuels Usher in a New...

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