Image Credit: Shutterstock

Image Credit: Shutterstock

Carpe Diem

About that ‘hydrocarbon bubble’ theory of the ‘peak oil’ enthusiasts

Despite a growing body of empirical evidence to the contrary, there is a small, fringe group of energy analysts who stubbornly promote the theory that America’s shale oil and natural gas revolution is somehow an unsustainable “hydrocarbon bubble” that is on the verge of bursting. Comparisons are frequently made … read more >

Carpe Diem

The new era of fossil fuels: Advanced technologies are opening up new sources of oil and gas all over the world

Thanks to revolutionary, breakthrough drilling technologies, we have entered a new era of fossil fuels according to this article in The Pacific Standard, and the energy revolution is reshaping global economics and politics—and the planet: In 1922, a federal commission predicted that “production of oil cannot long … read more >