NYTimes - “Shale Plays are Just Giant Ponzi Schemes” in Bombshell-Laden Piece thinkprogress.org

http://thinkprogress.org/romm/2011/06/26/254269/shale-plays-ponzi-schemes-natural-gas-fracking/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+climateprogress%2FlCrX+%28Climate+Progress%29&utm_content=Yahoo%21+Mail

NYTimes - "Shale Plays are Just Giant Ponzi Schemes" in Bombshell-Laden Piece

thinkprogress.org

The lead story in the New York Times today is a detailed bubble bursting of the much vaunted boom in unconventional natural gas. Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the