10/22/2012: Financing the shale boom; cheap drilling in PA?

- The New York Times takes a long look at the financing schemes that allowed the shale boom to grow so fast that it tanked gas prices. 

- Two independent financial firms say the Marcellus isn't just the biggest natural gas field in the country — it's the cheapest place for energy companies to drill. (AP)

- Chesapeake Energy has dropped a plan to drill a gas well near a West Virginia high school. (AP)

- Reuters says Ohio has lax regulations for disclosing info on how much gas wells produce. 

- And our friends at StateImpact found an oil well in an unlikely spot.