Art Berman

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Sadly, he’s not alone, which is why this is worth debunking. Gingrich’s sense that oil fields can be brought rapidly online, and his “we beat the Nazis and went to the moon so we can do this” statements reflect the general cultural misunderstandings about how oil is extracted that are endemic in our culture. While…

Far be it from me to laud cuts in spending on critical things like energy analysis…but I admit I can’t work up a good head of steam about the cuts in the EIA budget. After all, the EIA has managed to consistently get it wrong on oil reserves. Here’s what happened: The final fiscal year…