PCI in LA Times over EIA Monterey shale downgrade
May 20, 2014
Post Carbon Fellow David Hughes was quoted in the LA Times as the EIA downgraded estimate for Monterey shale oil production by 96%.
From the article:
“The narrative of fracking in the Monterey Shale as necessary for energy independence just had a big hole blown in it,” said Seth B. Shonkoff, executive director of the nonprofit Physicians Scientists & Engineers for Healthy Energy.
J. David Hughes, a geoscientist and spokesman for the nonprofit Post Carbon Institute, said the Monterey formation “was always mythical mother lode puffed up by the oil industry — it never existed.”
Hughes wrote in a report last year that “California should consider its economic and energy future in the absence of an oil production boom from the Monterey Shale.”