Post Carbon Institute’s Peak Marcellus Gas Theories Obliterated

post-carbon-instituteIn 2014 David Hughes from the so-called Post Carbon Institute made one of the stupidest remarks he’s ever made when he said, “I think the Marcellus is getting pretty close to the peak in [total] production…I wouldn’t be surprised to see a peak in the Marcellus this year, maybe next year at the latest.” Dumb. Marcellus (and Utica) production has done nothing but go up since that time. Oh, the last few months the EIA has reported that Marcellus production is declining–a little bit. But that’s because of a lack of new drilling due to low low prices, a situation that is right now turning around. You can expect Marcellus production to pick up again very soon. The fact is, there is decades (perhaps centuries) of Marcellus/Utica Shale gas supplies waiting to be tapped–with no let-up in sight. Forbes contributor Jude Clemente, one of our favorite Forbes writers, goes on a riff to talk about the huge amount of gas available in the northeast, and its key role in U.S. production…

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