H. Sterling Burnett

With prices hovering around $100.00 per barrel, new oil being pumped in the U.S. at a rate not seen since Alaskan oil really began to flow in the 1970’s, and natural gas reserves growing by amounts never before seen, few if any prognosticators are harping about “peak oil” and/or looming oil and gas shortages. Just […]

The American economy was built, and American lifestyles depend, upon relatively inexpensive, abundant, reliable sources of energy. Indeed, economic growth depends upon increased energy use. Economists estimate that during the next 20 years, U.S. oil consumption will grow by one-third and electricity demand could increase by more than 45 percent. Accordingly, if substantial action is […]