PCI’s Drill Baby Drill research was cited in this article on shale gas in the Asia Sentinal.

From the article:

The Post-Carbon Institute estimates that maintaining the entire country’s shale oil production would require more than 6,000 new wells annually at a cost of US$35 billion per year.

So far, Wall Street has been efficient in channeling investment into shale oil and gas plays, but the scale of additional investment required to keep the boom going appears unsustainable absent new technological breakthroughs. Indeed, there are signs emerging that exploration and production firms are, if not stepping off the treadmill of ever-rising drilling intensity, at least starting to fall behind.

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