Another Peak Oil Fad, Part 1

For 70 years, environmentalists have predicted the world would see diminishing supplies of oil after reaching a peak in production. The peak never occurred and the peak oil fantasy has been put to bed, at least for the foreseeable future, Continue reading Another Peak Oil Fad, Part 1

Foiling OPEC

A recent WSJ op-ed by Robert McFarlane said, “If we produce more oil, OPEC will sell less to keep prices high.” While this has been true in the past, it might not be true in the future, if we produce Continue reading Foiling OPEC

The Real Oil Threat

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