Even if we used no oil and gas for 'energy', we'd still need oil for plastics and pharmaceiticals, and (this is the big one) natural gas for nitrogen fertilizer. (View Post)

Well, they have a *lot* of hydroelectric production. But, they don't have a lot of pumped storage. They don't do a lot of pumping water uphill, because they don't need to. They are for… (View Post)

Integration and immigration: check Hydrocarbobon exploration: check Renewables: check ... Food: NO NO NO NO (View Post)

Unfortunately, most people don't understand economics. They don't understand that demand creates supply. Preventing the most efficiently produced oil from being produced doesn't stop o… (View Post)

Well yes: a relatively high tax environment, but consistent, and with a structure that actually encourages speculative drilling and new entrants. (Risk sharing, I believe, is the best way to describe… (View Post)