Shale Gas Shenanigans, Cohen, Dave , Energy Bulletin, (2010)

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Shale Gas Shenanigans

...These shale gas producers are an asset play. And this outcome obviously benefits the Wall Street banks who lend them money. Indeed, this is their exit strategy from the unprofitable drilling treadmill they are currently on. If shale gas production can be said to be in a bubble, this is where that bubble lies. And the strategy is working! Rigzone reports on the acquisition frenzy...

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