Talk of Natural Gas bubble Draws Industry Ire

Excerpt from this article:

 

NEW YORK (CNNMoney)  -- Big energy company executives and government researchers are firing back at a recent New York Times story suggesting the recent boom in natural gas production from shale rock is unsustainable and perhaps fraudulent.

"You really have to wonder why the New York Times is campaigning against cleaner-burning, domestically produced natural gas," ExxonMobil Vice President Ken Cohen wrote in a blogpost Monday. "If the writer had bothered to call us, we would have told him that ExxonMobil's investment approach is disciplined and based on a long-term view of global market conditions."

 

Make sure and read the comments and post there... here is one:

 

billyjackeng, Today 10:16 AM

The NYT does nothing that doesn't support the leftist agenda, most of their reporting is laughable. The attack on shale drilling and specious unscientific arguments about hydraulic fracturing are just part of the agenda to create an energy crisis. The shut down of Yucca mountain(no new nuclear), imposition of cap and trade legislation by bureaucratic fiat at the EPA(no coal power), shut down of drilling in gulf(no oil and gas), now the protection of the "dune sage lizard' removing a 1,000,000 acres of productive land from development in SE New Mexico & West Texas. Looks like we're being set up for the photo op of frozen grandmas to have senate show trials to deny responsibility.

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