360 Review Magazine So far it has cost Saudi Arabia something like $200 billion to undertake one of the most expensive experiments of all time.
The Hill Four decades ago, the movie Star Wars was released and the first Apple II computer went on sale. That same year, 1977, newly-inaugurated President Carter established the U.S. Department of Energy (DOE) in an attempt to launch a government-inspired tech revolution in energy.
Real Clear Energy In Parts 1 and 2 of this series we saw that technology was the primary cause of the only revolution in energy supply and the only revolution in energy demand in modern times. In both cases, the animating technologies came out of left field. So in this last part of the series, we turn…
Real Clear Energy Everything begins with demand. There would be no need to solve the manifold challenges associated with energy supply but for the fact that everything humans invent, build and do demands energy.Part 1 of this series examined the supplyrevolution; here we turn to the second question: has there been any revolution in energy demand?
Real Clear Energy The Promethean task of supplying energy to the U.S. economy and the rest of the world involves scales that are truly difficult to visualize. Many options appear to make sense until you crunch the numbers. That’s why Bill Gates said that people need to bring “math skills to the problem.”
Wall Street Journal Only a few years ago America’s policy makers were wringing their hands about “peak oil” and dependence on imported fuels. Now headlines feature the return of oil gluts. What happened? Saudi Arabia undertook a “stress test” of America’s oil-and-gas industry that produced unintended consequences.