A quote from Matt Badiali in an interview titled "Why Bill Powers is Dead Wrong." Needless to say, when someone suggests to you that decline rates don't matter because we can just drill more and more wells... warning lights should be going off in your head.
For the other side, Bill Powers is the author of the new book "Cold, Hungry, and in the Dark: Exploding the Natural Gas Supply Myth." He presented at our 2012 ASPO-USA conference in Austin, TX. I embedded the video of his talk above.