Monday, February 10, 2014

New York's State of Drilling Decline 2012

The NYS DEC Minerals Division's annual report for 2012, which I linked to in this tweet, is internally dated as last modified Feb. 6, 2014.  I just noticed it today, popping up on the DEC's web site (though I suppose the files could have been posted sometime late last week or over the weekend).

This represents further primary source information detailing New York's State of Drilling Decline — occurring concurrently with a shale gas boom occurring in other Appalachian Basin states.  It's basically an illustration of what happens when technology changes, causing the economics of resource extraction to also change, but the government's regulatory response is 5 1/2 years late, and millions of dollars short, on account of overheated political conflict, coupled with zero leadership.

As in prior years, this stuff is unlikely to get much notice.  There are few observers around with the free time to call attention to it, or to digest, analyze, and remark upon.  And it gets filtered out of most media outlets' news dragnet, because there's just not much of an audience for things that a lot of people simply don't want to hear.

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