You are currently browsing the Alternative Investments Review weblog archives for the day 23. January 2012.
23. January 2012 by Jim Sutliff.
The U.S. Department of Energy lowered their estimate of natural gas reserves in the Marcellus Shale. The previous estimate of 410 trillion cubic feet has been adjusted to 141 trillion cubic feet. Energy Department estimates are based on reserves that can be recovered with the current technology. The Marcellus Shale extends through several states which include New York, Pennsylvania, and Ohio.
To read a related Bloomberg article, please click here:
Jim Sutliff
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