We Better Have a Back-Up Plan When The Wells Run Dry!

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Our oil & natural gas reserves are dwindling down, and after the shale runs dry there is nothing left to drill.  These fossil fuel resources are too “precious” to leave in the hands of greedy and stupid companies who are only interested in profit.   Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven Asjylyn Loder Asjylyn June 15, 2016 — 5:00 AM EDT -U.S. companies erased 9.2 billion barrels of proven reserves – Regulator examined estimates as wells lingered on books Ultra Petroleum Corp. was a shale success story. A former penny stock that made the big leagues, it was worth almost $15 billion at its 2012 peak. Then came the bust. Almost half of Ultra’s reserves were erased from its books this year. The company filed for […]

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1,172 Comments on "We Better Have a Back-Up Plan When The Wells Run Dry!"

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