fracking

Shale Gas – Bonanza or Hype?

by Brian Davey. In recent months there have been a lot of very rosy news items about so called "unconventional gas" as a "game changing" new feature of world energy markets. It's bonanza time... Maybe....however, before going further, its useful to think about what happens in a gold rush. Very few of those out prospecting get rich. But people who sell wagons, equipment and the banks do. The problem is that when it comes to any news from the hydrocarbons market one should never take things at face value...