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The natural gas industry is compared to Enron and the dot.com bust, characterized as a Ponzi scheme, and said to be built on shaky economics in this well-researched New York Times article and this follow-up over the weekend.

The newspaper scoured “hundreds of industry emails and internal documents” and analyzed data from thousands of gas wells during the writing of the article.

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2 COMMENTS

  1. The Star-Telegram buried the first article on p. 10 of the Local section on Sunday… and they edited it in an industry slanted way.

  2. The S-T prints press releases, it doesn’t do journalism. A major story sitting under their nose and they still can’t write about it.

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