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Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth
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About Cold, Hungry And In The Dark: Exploding The Natural
Product Description Conventional wisdom has North America entering a new era of energy abundance thanks to shale gas. But has industry been honest? Cold, Hungry and in the Dark argues that declining productivity combined with increasing demand will trigger a crisis that will cause prices to skyrocket, damage the economy, and have a profound impact on the lives of nearly every North American. Relying on faulty science, bought-and-paid-for-white papers masquerading as independent research and "industry consultants," the "shale promoters" have vastly overstated the viable supply of shale gas resources for their own financial gain. This startling exposé, written by an industry insider, suggests that the stakes involved in the Enron scandal might seem like lunch money in comparison to the bursting of the natural gas bubble. Exhaustively researched and rigorously documented, Cold, Hungry and in the Dark: Puts supply-and-demand trends under a microscope Provides overwhelming evidence of the absurdity of the one hundred-year supply myth Suggests numerous ways to mitigate the upcoming natural gas price spike The mainstream media has told us that natural gas will be cheap and plentiful for decades, when nothing could be further from the truth. Forewarned is forearmed. Cold, Hungry and in the Dark is vital reading for anyone concerned about the inevitable economic impact of our uncertain energy future. Bill Powers is an author, private investor, contrarian and sits on the board of directors of Calgary-based Arsenal Energy. Review I grew up in the natural gas industry and it is obvious that Bill Powers knows the industry very well. Cold, Hungry and in the Dark, is packed full of excellent information and statistics on the true state of the industry. It gives an honest analysis, backed up by the numbers, of what can be expected of the "shale revolution." It is not a panacea of endless cheap energy at all. Bill Powers' book is well worth reading for anyone who wants to know the reality of the current natural gas industry. Robert A. Wiedemer Author of New York Times and Wall Street Journal Bestseller, Aftershock About the Author Bill Powers is an independent analyst and private investor. He is the former editor of Powers Energy Investor, the Canadian Energy Viewpoint and US Energy Investor. He has published research on the oil and gas industry since 2002 and sits on the Board of Directors of Calgary-based Arsenal Energy. An active investor for over 25 years, Powers has devoted the last 15 years to studying and analyzing the energy sector. Art Berman is a geological consultant with thirty-three years of experience in petroleum exploration and production. He is a Director of ASPO-USA (Association for the Study of Peak Oil & Gas USA) and sits on the editorial board and is a frequent contributor at The Oil Drum. Art has published over 100 articles on geology, technology, and the petroleum industry. Excerpt. © Reprinted by permission. All rights reserved. null (2013-06-04)
