The average new oil field discovery was 30 billion barrels 50 years ago? That's news to me since that would put the average well 50 years ago as the fourth biggest discovery in world history after Ghawar, Burgan, and Sugarloaf/Carioca.
Why "Drill, Baby, Drill!" Does Not Translate Into Effective National Energy Policy [View article]
Like the peak oil cultists Simmons and Pickens I'm actually invested in oil and I profit from the myth of scarcity based upon ignorance of modern Russian petroleum science. Domestic drilling should be illegal forever. And you should pay me $1000 per barrel for my oil.
Energy Independence: It's About Demand, Not Supply [View article]
Excellent point about energy independence referring specifically to oil, however increasing domestic supply is the only possible solution. Decreasing demand is not realistic or a solution since hydrocarbon demand will never go away despite the beloved alternatives. Oil is used for everything, not just transportation fuel.
Of course there is profit in tree hugging. Just ask Uncle Sam. 33% tax profit margins and the EPA has a $7.2 billion budget for 2008.
The Global Warming Hoax and the Peak Oil Myth are big business. And the only way you can get so many so-called "scientists" to lie about data is by paying them.
The Best Alternative Energy Play [View article]
Why "Drill, Baby, Drill!" Does Not Translate Into Effective National Energy Policy [View article]
Energy Independence: It's About Demand, Not Supply [View article]
Is There Profit In Tree Hugging? [View article]
The Global Warming Hoax and the Peak Oil Myth are big business. And the only way you can get so many so-called "scientists" to lie about data is by paying them.