Hughes in Newsweek article on possible shale bubble
July 14, 2014
Post Carbon Fellow David Hughes was quoted in this Newsweek article looking at whether the US oil boom might be a bubble.
From the article:
Observers like Berman and Hughes believe the U.S. needs to prepare for a time when the shale tide starts to ebb. Perhaps hundreds of thousands of jobs would be lost and the U.S. economy would again be highly vulnerable to oil price spikes and dependent on Middle Eastern exporters who can guarantee long-term, plentiful supplies.
Read full article [you may hit a paywall]