The coming “war” with Canada

It is hard to imagine that the apparently benign unconcern for where the United States ends and Canada begins might suddenly be transformed into a pitched battle of words and deeds. And yet, that is almost certainly where these two old friends are headed.

Behind this looming turnabout is one very troubling development: Natural gas production in North America has leveled off.

Big Money and Mother Nature

Sure, there is a lot of oil and gas left out there for the driller’s bit (if you can wait long enough for a delivery of drill bits). But the deposits that the extraction companies will encounter will be smaller, further afield, and more expensive to develop and produce. The Anadarko and Phelps Dodge plays certainly illustrate another point, one for which T. Boone Pickens is equally famous: that you can still “drill for reserves on Wall Street.”

Other energy – June 11

Blair signs nuclear deal with France / Railroads struggle to ship coal in U.S. / Super battery (capacitors) / Malaysians urged to change energy use patterns / Simmons report: questions about the world’s biggest NG field / Green bloggers on China