Shale Boom or Shale Bubble?
A public discussion of fracking’s false economic promise
Photo credit: Energy Policy Forum
Internationally renowned fracking economics expert
Times and Locations
Tuesday October 22nd at 6:30 p.m.
Fort Collins Council Tree Library, 2733 Council Tree Ave.
Wednesday, October 23rd at 6:30pm
Colorado School of Law, Wolf Law Bldg, Rm 204 Boulder
Thursday, October 24th at 7pm
Broomfield, CO Community Center, 280 Lamar St.
As Front Range communities wrestle with hydraulic fracturing-enabled oil and gas development, residents should know the fracking boom may provide only a short period of oil and gas abundance.
Analysis of more than 60,000 oil and gas wells shows:
- Shale well production declines more rapidly than predicted.
- The rate of drilling must increase to maintain current production.
- Shale gas production has become uneconomical in many areas at current prices.
- Wall Street has played a key behind-the-scenes role in hyping the fracking boom.
- Industry is largely unwilling to invest in future shale development.
For more information:
- Read the research at www.shalebubble.org
- Kate Johnson, Boulder County Citizens for Community Rights at 303-579-9537, firstname.lastname@example.org
- Laura Fronckiewicz 312-533-0525 email@example.com
- Kelly Giddens 970-403-6185 firstname.lastname@example.org
- Josh Joswick, Earthworks at 970-903-0876, email@example.com
- The organizations behind the analysis:
- The Energy Policy Forum (www.energypolicyforum.org) addresses the serious long-term implications for U.S. energy consumers as America chooses course at the crossroads of potential energy futures.
- The Post Carbon Institute (www.postcarbon.org) provides individuals, communities, businesses, and governments with the resources needed to understand and respond to the interrelated economic, energy, environmental, and equity crises that define the 21st century. We envision a world of resilient communities and re-localized economies that thrive within ecological bounds.
Hosted by: Our Broomfield, Boulder County Citizens for Community Rights, Citizens for a Healthy Fort Collins, Protect Our Loveland, East Boulder County United, Erie Rising, Weld Air and Water, Our Longmont, Plains Alliance for Clean Air and Water, Frack Files of Weld, YES on 2H, Women’s International League for Peace and Freedom Greeley Chapter, Earthworks, Conservation Colorado, Protect Our Colorado, Food & Water Watch, Frack Free Colorado.
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