Replacement of Coal by Fracgas in the Production of Electric Power
15 Pages Posted: 28 Oct 2011
Date Written: October 26, 2011
New well drilling technologies, when utilized to fracture common shale formations promise to provide access to very large volumes of gas. Indeed, the trade press and news media have generally taken the position that “fracgas” over the next decade can add up to 800 trillion cubic feet of reserves, four times the current level of reserves, almost equally spaced over the four quadrants of the country. But estimates of reserves are notably judgmental and with respect to new finds can be over optimistic.
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