Harvard Researcher Predicts New US Oil Boom Soon -- extensively researched position paper

http://belfercenter.ksg.harvard.edu/files/Oil-%20The%20Next%20Revolution.pdf

Hi Everyone!

According to this new report by a Harvard Kennedy School researcher, the US has much. much more oil in the ground than what we normally hear about, and that the technology to extract it is available.  The prediction is for another US "oil boom," and very soon!

Since this goes against most of what I've read before--- and what Chris has taught me--- I'm putting this up here in the hope that I could get some opinions on this seemingly well-researched paper.

If it is WRONG, WHY is it wrong?  What are they missing?

On the other hand, if you feel it is CORRECT, what have WE been missing?

All input is appreciated!
 

-Greg B