NEAR-TERM PROMISE OF SHALE GAS OVERSTATED

摘要

"So many analysts are just swamped in the negativity with the mixed message that shales have been so successful that we have too much gas and we've got so much shale coming that we'll have too much gas and so prices therefore must be so low," said Richard Moorman, Manager of Strategic Analysis of Southwestern Energy Company, at the Canadian Society for Unconventional Gas conference in mid-November. "I don't believe that. I believe that the U.S. decline is steeper than that. I believe the U.S. has tremendous shale reserves but they're being given way too much credit by analysts."