EIA Backpedals on Lowball Estimates of Marcellus Reserves
An AP story actually sets the record straight and says, in essence, “Yes, the Marcellus really is ‘that big’ after all.” The AP article quotes research from two recently completed independent reports, one from Standard & Poor’s (see this MDN story) and one from ITG Research (see this MDN story), in “correcting” a lowered Marcellus proven reserves estimate from the Energy Information Administration (EIA).
The article quotes the EIA backpedalling on their lowered estimate from earlier this year and says in part:
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There’s been an important development in two cases on appeal in New York State courts that challenge municipal bans of fracking. The two cases challenge municipal fracking bans in the Town of Dryden, NY (