Gem of the day

More from the energy vortex. Here's an analyst at the EIA in an April email to a fellow employee (via NY Times):

“Am I just totally crazy, or does it seem like everyone and their mothers are endorsing shale gas without getting a really good understanding of the economics at the business level?”

But wait! It gets better. A senior petroleum geologist at the EIA is even more blunt in a different email:

“E.I.A., irrespective of what or how many ‘specialty’ contractors are hired, is NOT TECHNICALLY COMPETENT to estimate the undiscovered resources of anything made by Mother Nature, period.”

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