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Wednesday, January 25, 2012

Report: U.S. Energy Dept. Scales Back Estimation of Gas Reserves from the Observer-Reporter [of Washington and Greene counties]
"The U.S. Energy Department made the prediction in a report released Monday by its Energy Information Administration. The EIA has scaled back the estimated natural gas reserves in the Marcellus from 410 trillion cubic feet to 141 tcf. ... The differing figures underscore some of the difficulty in estimating recoverable gas, although the EIA says there are better data today than there were just a year ago."

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