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theoildrum.com - 11/4/2009
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Monday, November 2, Arthur Berman wrote in his blog:
Pressure from Petrohawk helps cancell World Oil column
In an act of extraordinary courage, a top Petrohawk executive threatened to cancel his free subscription to World Oil if the magazine continued to publish my column. Today, John ...
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Arthur Berman leaves World Oil after raising natural gas questions
Peak Oil News —
... be extracted for as long as 50 years, when Berman believes the average well life is only about 8 years. Part of the controversy revolves about what price is needed for shale gas to be profitable. The gas companies are saying that natural gas is already profitable, or near profitable, at today's low prices. Chesapeake testified before congress that the company could operate with a price of $4 per thousand cubic feet. Arthur Berman is saying that prices need to be much higher. http://www.theoildrum.com/node/5934 "
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