A New Era of Energy Abundance?
Posted Feb 19, 2013 by Asher Miller
We’re being told that – thanks to "fracking" for shale gas and oil, and massive stores of tar sands in Canada – the US is undergoing an energy revolution, leading us in a few short years to become virtually energy independent.
But are we really entering a new era of energy abundance? Written by geoscientist and PCI Fellow David Hughes, "Drill, Baby, Drill" takes a far-ranging and painstakingly researched look at the prospects for US energy abundance in the 21st Century. While the report examines a range of energy sources, the centerpiece of “Drill, Baby, Drill” is a critical analysis of shale gas and shale oil (tight oil) and the potential of a shale “revolution.” The conclusions are a stark contrast to the hype.
The energy choices we make now are exceptionally important. It's not an exaggeration to say that how we embrace this moment may well dictate the very future of our species — and millions of others. "Drill, Baby, Drill" provides a reality check we simply can't ignore. I hope you'll take a few minutes to visit shalebubble.org to view the report, the map of over 63,000 fracked wells that have been drilled in the US in the last few years, and a number of other important resources.