The Oil Price Swoon Won’t Stop the Shale Boom

October 23rd, 2014

Wall Street Journal With oil prices sliding, energy investors are worried, while Saudi Arabia and Russia no doubt hope, that low prices will cap America’s boom in shale-oil production. Green-energy types sit by, happy to see turmoil in the fossil-fuel sector. Read More

Smartphones: The SUVs Of the Information Superhighway

October 13th, 2014

Real Clear Markets We can "revitalize entire communities, and connect people to jobs," said President Obama a week ago in a discordant speech on the economy at Northwestern University calling for more roads and bridges. During the same week, the president's Secretary of Energy, Ernest Moniz, was talking at a less-noted event about infrastructure too, the one that is actually critical to our economic future - you know, the "information superhighway" system. Read More

The Invention of the War Machine

October 1st, 2014

The New Atlantis, co-author M. Anthony Mills War has “always been the mother of invention,” wrote the historian A.J.P. Taylor. The First World War in particular is often taken to be a hinge in technological history — the war in which horses were widely used for the last time and weapons of mass destruction were deployed for the first time. It is not altogether wrong to think of it as the “chemists’ war” or the “engineers’ war,” as it is sometimes labeled. Read More

A Four-Step Energy Strategy For Our Time

September 23rd, 2014

RealClearPolitics   It's a sign of the times: The Islamic State is getting millions in oil revenues. According to one news organization, the terror group is even recruiting petroleum engineers. And farther north, Ukrainian president Petro Poroshenko secured a promise from the White House last week for the U.S. to join in a review of his country's Russian energy entanglements. Meanwhile, North Dakota's shale fields just passed 1 million barrels per day of production, a milestone only three fields in the U.S. have reached. For context, only ten shale fields have reached it in world history .   Read More