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“The Shale Gas Revolution has frankly been an unmitigated disaster”

Green Energy Times Posted on July 19, 2019 by George HarveyAugust 19, 2019

Injection well head. Joshua Doubek. CC-BY-3.0, Wikimedia Commons.

“The Shale Gas Revolution has frankly been an unmitigated disaster.” – Steve Schlotterbeck

An article at OilPrice.com (http://bit.ly/OP-fracking-quote) quoted Steve Schlotterbeck, former chief executive of EQT, a shale gas giant, saying at a petrochemicals conference in Pittsburgh,“The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions. … Nearly every American has benefited from shale gas, with one big exception, the shale gas investors.”

Posted in Businesses, Financial, July 2019 Tagged business, Financial, July 2019, shale oil permalink

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