“Money is pouring in” from investors even though shale gas is “inherently unprofitable,” an analyst from PNC Wealth Management, an investment company, . “Reminds you of dot-coms.” to a contractor in a February e-mail wrote
“The word in the world of independents is that the shale plays are just giant Ponzi schemes and the economics just do not work,” an analyst from IHS Drilling Data, an energy research company, . in an e-mail on Aug. 28, 2009 wrote
Get-rich-quick mining and drilling schemes have been a feature of American life for a couple of centuries at least -- are we at it again?
Ian Urbina, "Insiders Sound an Alarm Amid a Natural Gas Rush," New York Times, 26 June 2011.