No press release for State of Decline: NYS DEC quietly released 2012 Oil, Gas and Mineral Resources Report last week. http://t.co/6tZ3bVQ80z
— Andy Leahy (@NYShaleGasNow) February 10, 2014
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.