I know this makes me a bad capitalist, but I’m struggling to dredge up any concern over the ongoing oil glut. I read passages such as this: Just a couple of years ago, producers and petro-states were making vast fortunes drilling and pumping relentlessly to fuel expanding middle classes in Asia, Latin America and Africa. […]
Category: Energy
I have an article at Global Comment on fracking, expanding on some of the themes I’ve discussed here over the past few weeks. Regarding Andrew Cuomo’s appointment of leading environmentali
Again, I just have a really hard time understanding why we don’t trust the energy industry to look out for our best interests? In 2007, Berry Energy Inc. of Clarksburg began drilling a conventio
NPR had a fantastic story on Friday about the relationship between fracking and the cluster of earthquakes earlier this year in Arkansas. Many local residents blamed the gas companies for the earthquakes, saying that the process of blasting millions of gallons of water into the Earth is destablizing the fault line. When the companies temporarily […]
I have long had tremendous difficulty understanding the opposition of fossil fuel companies to new fuel technologies. For instance: The oil and gas industry gave astrophysicist Willie Soon more than $