Shale gas is not the foundation of U.S. energy security that conventional wisdom claims, says Bill Powers in this interview with The Energy Report. But as shale gas peters out, the law of supply and demand will drive gas prices up.
As an oil analyst at SunTrust Robinson Humphrey, it's a given that Neal Dingmann has his eye on energy stocks come rain or shine. In this interview, he tiptoes through North America's major shale plays and points out the cream of the crop.
The shale gas "miracle" is overhyped and bound to disappoint. That's what energy expert Bill Powers argues in his upcoming book. But Powers says that this could be a very good thing for oil and gas companies and their shareholders.