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Articles: Shale (3)

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Dumb and Dumber: U.S. Crude Oil Export

Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. 

We will never run out of oil (which is entirely beside the point)

What if technology does advance, but not enough, and what if the price of oil is high, but not high enough to justify bringing it out of the ground at the RATE required for the smooth functioning of global society? What then?

Is fracking a "happy solution" to our energy needs?

Looking at technical, economic, energetic, and environmental issues, this is a  wide-ranging response for financial advisors by a long-time planner and ASPO board member.