Regular readers of this blog will know I am very optimistic about the prospects of the Marcellus Shale formation and its potential contribution to this country's energy needs. Apparently my optimism is not unfounded. The U.S. Geological Survey dramatically increased its estimate of that bounty to 84 trillion cubic feet of undiscovered and recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids. This estimate is 42 times the 2002 estimate! The Marcellus Shale assessment covered areas in Kentucky, Maryland, New York, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. More.
We areTHE RESISTANCE.
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