Peak Oil/Gas Theorist Art Berman Generates “Study” for NY Ladies
A month ago the New York League of [Liberal Democrat Anti-Drilling] Women Voters hired a consultant that has been so wrong about his theories on “peak oil” he would be laughed out of any room he walks into (see Peak Oil Theorist Art Berman Says Shale Gas is Peaking Too), to pen a new report that says just want the lib ladies want it to say: If drilling were to begin in NY today, nobody would drill here because they couldn’t make money by selling gas at $4-$4.50 per thousand cubic feet.
To which we say–fine. Let’s find out! Cabot Oil & Gas is making money hand over fist in Susquehanna County, PA, just across the border, even with gas as low as $1.50 per Mcf. Let’s see if they can work some of that magic on this side of the border. But of course that’s not what this so-called “study” is about. The study ordered up by the very anti-drilling so-called League of Women Voters is a further attempt to dispirit New Yorkers on shale drilling. For Art Berman, the purpose of the study is to repair his damaged reputation. It does the opposite, providing the final nails. Below we have the press release announcing this latest laughingstock of a “study” from the discredited Art Berman, along with a copy of the 44-page “study” itself…
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Yesterday the Pennsylvania Department of Conservation and Natural Resources (DCNR) released a new report titled “Shale-Gas Monitoring Report” (full copy embedded below), the first in a series of ongoing reports on the impacts of Marcellus Shale drilling on PA’s state-owned land, including state forests. The DCNR was given a $6 million budget more than three years ago to study drilling impacts. This is the first report, eagerly anticipated by anti-drilling groups like PennFuture. Unfortunately for them, the study contains no indications that drilling is a disaster for public lands, as they had wanted it to say. In fact, the report found that out of 2 million acres of state-owned land, only 1,500 acres were converted from “wild space” to use for drilling (roads, drill pads, compressor stations, etc.). That’s 0.075%–not even 1/10th of a single percentage point. In other words–nothing. Another 9,340 acres were partially developed. Still a very low number and not the environmental holocaust predicted by anti-drillers.