Connect the Energy Dots
When it comes to natural gas, the news is good. But today it's not as good as first reported. Early estimates suggested that shale gas was almost everywhere and easy to produce. The gas is still there, but the production picture has changed and continues to change. The issue is production. For a typical shale gas well, natural gas production declines at a rapid rate. It turns out that decline rates are huge, as seen in this graph.
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