What did we find? That the so-called “shale revolution” has more in common with the California Gold Rush and the Dot-Com Bubble than a new golden age of energy abundance. The implications of this are profound. If the “shale revolution” is nothing more than a temporary respite from the inevitable decline in US oil and gas production, then why are we rushing to rewrite our domestic and foreign policy as if we’re going to be “Saudi America” for the rest of the century?
Posted on: Sat, 01 Nov 2014 15:34:44 +0000
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