Just for clarification...the e-mail is cited correctly in the main article, which only mentions the Ponzi part of the e-mail. The error you have highlighted is in the summary of the e-mail included in the supplementary document that lists their sources. Obviously, that error is not good, but it is a little different journalistic "crime." I am reluctant to throw out the whole article because of an error that appears to be limited in scope to the supplementary online information.
I had only read the hard copy version of the article before sending it out, and your careful reading nicely illustrates the new and very useful opportunities available with online articles.
Thanks,
Bill
Bill Wonderlin, Ph.D. Associate Professor Dept. Biochemistry West Virginia University 304-293-3159 ________________________________________ From: Dee Fulton [dfvet@aol.com] Sent: Wednesday, July 06, 2011 9:50 AM To: Wonderlin, William; mvcac@cheat.org Subject: Re: [MVCAC] Article from NYT
Yes, it is interesting. But I don't think it is reliable reporting, sadly. I looked at some of the emails and memos that the article is based upon. There are links in the article. Many are dated 2009 and one in particular was really misrepresented by the NYT.
http://www.nytimes.com/interactive/us/natural-gas-drilling-down-documents-4.... NYT summarizes the email by saying, "the word among independent oil and gas producers is that shale gas drilling is a Ponzi scheme and that it will be difficult for companies to make money in the Marcellus and Haynesville shale formations,
In fact, the email says, "The word I hear from every company THAT IS NOT IN HAYNESVILLE AND MARCELLUS is that they are not economic. "
Dee
-----Original Message----- From: Wonderlin, William wwonderlin@hsc.wvu.edu To: mvcac@cheat.org mvcac@cheat.org Sent: Wed, Jul 6, 2011 8:59 am Subject: [MVCAC] Article from NYT
This is a very interesting article from the New York Times about how the economic benefits of fracking are not living up to expectations:
http://www.nytimes.com/2011/06/26/us/26gas.html?_r=1&pagewanted=1
Bill _______________________________________________ MVCAC mailing list MVCAC@cheat.orgmailto:MVCAC@cheat.org http://cheat.org/mailman/listinfo/mvcac