George Mitchell, the tenacious Texas oil man who proved that gas could be drawn from shale rock at a profit. The popular telling has Mitchell spending 20 lonely years pursuing the breakthroughs to tap the Barnett Shale, an underground expanse. .... Between 1978 and 2007, the Energy Department spent $24 billion on fossil energy research. Billions more were spent through the Gas Research Institute and non-conventional gas tax credits. Those investments were widely panned as a failure during the ’80s and early ’90s, when gas was plentiful and cheap.
:: posted by buermann @ 2011-12-22 09:26:04 CST |
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