CITY JOURNAL The age of all-seeing, all-knowing information analytics is nearly upon us. Big Data: A Revolution That Will Transform How We Live, Work, and Think, by Viktor Mayer-Schonberger and Kenneth Cukier (Houghton Mifflin Harcourt, 256 pp., $27) Covering everything that’s happening today with information technology in one book is a monumental challenge. As if to…
National Review Online On May 17, the Department of Energy (DOE) approved just the second license in America to export natural gas. Nineteen more applicants still wait. Yes, private businesses, willing to spend tens of billions of private capital, are lined up for a schoolyard game of “Mother May I” to get permission to export…
Georgetown Journal of International Affairs, Winter/Spring 2013 (co-authored with Spencer Abraham) Energy, like food, is a foundational requirement for civilization. The World Economic Forum's 2012 Energy Vision Update begins with the observation: "Energy is the lifeblood of the global economy — a crucial input to nearly all of the goods and services of the modern…
Real Clear Energy The newly sworn-in Energy Secretary has taken a go-slow posture on natural gas exports. This, after the U.S. has just blown past Russia to become the world's largest producer. And America will shortly occupy the number one position in oil production as well. This nation is poised to become a major hydrocarbon exporter to…
Looking for good news in American innovation? Over the past five years, technology has improved the productivity of the typical oil or gas rig on America’s shale fields between 200 and 300 percent according to industry experts at Bentek. This stunning gain in energy yielded per dollar of capital explains why U. S oil production…
To find some good news about the global economy you have to go digging. Analysts, notable John Tamny in the Wall Street Journal, see the fall in gold prices as bullish for economic growth. Think of falling gold prices as a trailing indicator of investments shifting from safety to optimism. Moving cash from gold to growth. For a leading indicator we don’t dig…
