As reported by Bloomberg News today, Marcellus Shale reserves have been slashed by 80%.
Shale reserve estimate slashed
By Bloomberg News
Wednesday, August 24, 2011
The United States will slash its estimate of undiscovered Marcellus shale natural gas by nearly 80 percent after an updated assessment by government geologists.
Typically, industry is spinning the numbers to make it appear otherwise.
EARTHblog helps with the vertigo from all the spin.