Economic Feasibility of Unconventional Fuels

Document Type:Research Paper

Subject Area:Religion

Document 1

, & Rand, 2015). Therefore, this paper uses data to highlight the economic feasibility of these unconventional fossil fuels. Drilling wells as a form of recovering the unconventional fossil fuels is often conducted in the most economic “sweet spots. ” Besides, the current economic investment requires building higher number of shells for the purpose of replacing the ever declining supply from the productive wells, which would be recovered from the current gas prices. However, this perception is being challenged by other commentators as they note that past and recent production history of unconventional fuels within the USA as a confirmation that future estimates of unconventional fossil fuels recovery are realistic. As a result, this helps in lowering the number of the required wells, the surface expression and the drilling cost, as well as the production of unconventional fossil fuels.

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