Bigger fools
The water problem is critical, and with the tight economics of shale gas production (costs $8 per mcf but market price only $3) and the primitive water treatment technology being offered, it doesn't look like the water problem will be solved soon. If you're losing money on drilling but just are doing it so you can hold on to your leases in hopes of unloading them onto some bigger fool, then that doesn't look like any kind of answer to our energy needs, and it's not something to be proud of. The only way it makes sense is if the price of gas triples, which was not what the country is expecting out of this supposed boom. This is also bad news for wind and solar, which need natural gas backup.
