In 2014, Earth Scientist David Hughes took a hard look at the EIA ’s existing Annual Energy Outlook shale gas and tight oil forecasts and conducted his own play-by-play, in-depth analysis to create the groundbreaking report, Drilling Deeper . In Drilling Deeper , as in the follow-up report 2015 Shale Gas Reality Check , he found that EIA projections for shale gas production and prices were consistently and greatly overstated. In September 2016, the EIA released its Annual Energy Outlook 2016 . Consequently, David Hughes applied the same scrutiny to AEO2016 as he has in the past to explore how the EIA’s projections and assumptions regarding shale gas have changed over the last two years, as well as assessed the AEO2016 against both Drilling Deeper and up-to-date production data from key shale gas plays. The findings in this year’s analysis are consistent with previous assessments of the EIA’s shale […]