inflating US shale gas reserves

New rules have accelerated the growth of US proved gas reserves in an unprecedented way. A New York Times article prompted the US Congress to ask for a Security and Exchange Commission (SEC) investigation. Ruud Weijermars* and Crispian McCredie, Alboran Energy Strategy Consultants, outline the basis for reasonable doubts about the reliability and durability of US shale gas reserves under the new SEC rules.