May, 2014 – InvestorLiterature.com Review

Written by Bruce Grantier. Posted in InvestorLit Updates

This Review is about fracking of shale oil fields and the resulting gas which comes with this drilling. There has been a great deal of optimism associated with the new production of shale oil and gas since it began around 2005 and some very optimistic and wide ranging implications of this for the economy. There are some cautionary notes though which cause one to question the extreme optimism. In this review we examine the arguments on both sides, noting the additional drilling required to meet the optimistic forecasts, and then discuss some of the economic implications of the findings – which are on the cautious side.

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