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Hughes quoted in Bloomberg article on shale writedowns

December 10, 2015

Post Carbon Fellow David Hughes was quoted in this article at Bloomberg about shale oil writedowns due to the low oil price.

From the article:

“There was too much optimism built into their forecasts,” said David Hughes, a fellow at the Post Carbon Institute and formerly a scientist with the Geological Survey of Canada. “It was a great game while it lasted.”

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