Estimate of Recoverable Oil from Monterey Shale Cut by 96%
Write Down of Two-Thirds of US Shale Oil Explodes Fracking Myth (Nafeez AHMED, The Guardian ; May 22, 2014) http://www.theguardian.com/environment/earth-insight/2014/may/22/two-thirds-write-down-us-shale-oil-gas-explodes-fracking-myth U. S. Officials Cut Estimate of Recoverable Monterey Shale by 96% (Louis SAHAGUN, The LA Times ; May 20, 2014) http://www.latimes.com/business/la-fi-oil-20140521-story.html Original EIA Analysis Report of July 2011 Review of Emerging Resources: U. S. Shale Gas and Shale Oil Plays http://www.eia.gov/analysis/studies/usshalegas/pdf/usshaleplays.pdf N. B.: Please refer specifically to "Table 1"; Page 5 of this document to see the originally forecasted estimate of recoverable oil from Monterey Shale. Links to additional background information and rebuttal documents are available in my original blog post on this issue entitled , "Monterey Shale: 'To Frack or not to Frack.'" and dated December 3, ...