The numbers don't lie—but politicians and industry bigwigs do. While pundits still wax poetic about an era of American energy independence, Bill Powers sees productivity plummeting in almost every major shale play.
Aubrey McClendon is gone — or at least he's on his way out from Chesapeake Energy (CHK). But the destruction of the natural gas market is his real legacy, and not likely to be recovered from anytime soon.
To help look past the hype and take a critical look at whether shale really is the golden goose many believe it to be or just another over-hyped bubble that is about to pop, we were fortunate to speak with the energy expert.
Now is the perfect time to invest in natural gas stocks. To many investors, that may seem counterintuitive. After all, natural gas has been the red-headed stepchild of energy for years. But prices for this plentiful alternative fuel are just beginning to turn higher.
Just when you think natural gas companies are getting themselves in order, things get even worse. This time around, it isn't overly aggressive extraction. Nature itself is poised to tear natural gas producers apart.