Oil Company Profits Are the Solution, Not the Problem

By: Steve Maley (Diary)  |  May 18th at 01:00 PM  | 

Left to its own devices, the oil industry is its own worst enemy. Relatively low barriers to entry have made the industry freely competitive. The reward goes to the quickest and the most efficient companies; just like in a Gold Rush, we remember the big winners and quickly forget the also-rans. Since the days of Colonel Drake, Patillo Higgins and Dad Joiner, twas ever thus. | Read More »