Baker Hughes reported yesterday that the share of U.S. rigs drilling for oil (gas) rose (fell) to an all-time high (low) this week since the oilfield service company starting keeping records back in 1987 (see top chart above, data here).  … read more >

“Natural gas is a feedstock in basically every industrial process, and the price of gas in the U.S. is a fraction of what it is in Europe or Asia.  This country has an incredible advantage headed its way as Asian … read more >

1. The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system. 2. With some notable exceptions, businessmen favor free enterprise in general but … read more >

National organ transplant data through the end of 2011 are now available from the U.S. Department of Health and Human Services, and the situation for those unfortunate patients on the waiting list for a kidney transplant has never been more … read more >