A Free Market Conundrum

By: davenj1 (Diary)  |  May 15th at 01:36 PM  | 

The United States is the largest producer and the largest consumer of natural gas in the world. Besides gas trapped in natural formations, technology has mastered geology with the fracking techniques developed largely without government subsidies, but by drilling, extraction, and oil companies. Recent articles have noted that a state like Pennsylvania, which sits atop the huge Marcellus shale formation that contains an estimated 10.3 | Read More »

A Coherent Energy Policy: “Drill, Baby, Drill!!”

By: davenj1 (Diary)  |  March 7th at 08:38 AM  | 

The solutions to our dependence on foreign oil can be solved, the experts say by either increasing supply (the “drill baby drill” people) or decreasing demand (the tree huggers). I don’t understand why it cannot be both simultaneously. The United States is a leader in technology for safely extracting oil nd natural gas. As Shell Oil vividly demonstrated in the case of extracting shale oil, | Read More »