The world has changed. Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world’s people. This is not a short-term event. Citizens, industries and nations will be impacted for decades to come.
Five years ago, following a blowout and explosion on the Deepwater Horizon rig that killed 11 workers, the nation was spellbound by the 87-day visual of oil flowing freely into the waters of the Gulf of Mexico from the Macondo well. The 3.1 million barrels of spewed oil has been called “the world’s largest accidental marine spill” and “the worst environmental disaster in U.S. history.”
The favorite target of global warming alarmists is the group of big international oil companies. Big Oil is accused of generously funding the global warming skeptics, like The Heartland Institute.[…]
Heartland friend Bruce McQuain at the Q&O blog shares a map to keep handy when demagogic politicians go after the oil companies for supposedly gouging consumers. Government makes much more[…]
This is an interesting article (registration required) from the European Energy Review about thoughts on the future oil-energy world. The author, Matthew Hulbert, mentions no importance of the United States on[…]
Heartland Institute Policy Advisor Bernard L. Weinstein offered readers of The Washington Times an apt sports analogy the other day to explain the senseless Obama administration policy on off-shore oil[…]