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Posts on ‘June 26th, 2011’

Insiders Sound an Alarm Amid a Natural Gas Rush

By : A version of this article appeared in print on June 26, 2011, on page A1 of the New York edition

Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the United States.

But the gas may not be as easy and cheap to extract from shale formations deep underground as the companies are saying, according to hundreds of industry e-mails and internal documents and an analysis of data from thousands of wells. read more

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