Hughes referenced in the Wire on Monterey shale
May 21, 2014
Post Carbon Fellow David Hughes was referenced in this article on the EIA’s Monterey shale downgrade.
From the article:
The findings serve a major blow to U.S. energy policy, which considered the deposit a “black gold mine.” But they shouldn’t come as a surprise – the LA Times published an opinion piece back in December that pointed to earlier reports doubting the estimated output:
A study by Canadian geoscientist J. David Hughes questioned assumptions made in the 2011 energy agency study and this year’s USC report. The Hughes report, “Drilling California: A Reality Check on the Monterey Shale,” analyzed current production data and concluded that the estimates were likely “overstated … wishful thinking” and that only a small percentage of the shale oil believed to be trapped in the formation will ever be produced.