Drilling in the Gulf was shut down for nearly a year, and is still largely shut down because it’s difficult to get drilling permits. Drilling on the outer-continental shelf remains largely shut down. And don’t mention drilling in ANWR to Continue reading The Real Oil Threat
President Lincoln purportedly said: “You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time.” Perhaps we have Continue reading Are We Being Fooled?
Hubbert was a geologist in the oil industry who developed a curve based on the decline of oil production in Texas. That curve has been the basis for Peak Oil theories ever since. Many have said the world was running Continue reading Peak Oil Discredited
Three years ago the cry was “drill baby drill”, but we didn’t increase drilling for oil. Instead, the government placed more restrictions on drilling for oil. Those against drilling said, “Even if we started to drill for oil today, it Continue reading If Only We Had Drilled
A new technique using horizontal drilling and high pressure fluids to fracture shale has created a surfeit of natural gas and a revolution in America’s energy equation. Natural gas is now less expensive, which will help keep home heating costs Continue reading Energy Revolution
A few weeks ago we witnessed the phony end to the moratorium on drilling in the Gulf of Mexico. By any reasonable measurement, the moratorium remains in place. Oil companies still have to wait to get approval for whether their Continue reading Gulf Moratorium