Utica shale deposits larger than previously thought. The new estimate is 782 trillion cubic feet of natural gas and 1.9 billion barrels of oil—twice as much oil and twenty times more natural gas than the 2012 USGS estimate. Looks like “peak oil theory” just took another hit.
Author: J.P. Travis
Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.
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