Oil!

Brazil Oil Finds May End Reliance on Middle East

“Brazil’s discoveries of what may be two of the world’s three biggest oil finds in the past 30 years could help end the Western Hemisphere’s reliance on Middle East crude…The finds they’ve got so far are just the tip of the iceberg. Brazil is going to change the balance of the global oil markets…”

VIDEO

The Energy Non-Crisis – 75 min

Bakken Oil

FURTHER READING

The Energy Non-Crisis by Lindsey Williams

A Free Market in Gasoline” by Ron Paul, October 31, 2005.

Undoing America’s Ethanol Mistake” by Kay Bailey Hutchison, 4/25/2008

Environmentalists’ Wild Predictions” By Walter E. Williams, May 7, 2008.

Investigate Big Congress, Not Big Oil
by Alex Epstein | ARI | May 29, 2008
With gasoline prices exceeding $4 a gallon in some states, politicians are responding as usual: Blame Big Oil First.

Dumb or Ill-Informed
Walter E. Williams | June 04, 2008
What assumptions do congressmen make about the American people? Do they assume that we’re dumb or ill-informed about the energy problems we are experiencing?

Start Drilling
By Robert J. Samuelson | Washington Post | April 30, 2008
What to do about oil? First it went from $60 to $80 a barrel, then from $80 to $100 and now to $120. Perhaps we can persuade OPEC to raise production, as some senators suggest; but this seems unlikely.

Drill Now For Energy in America
Roy Innis | June 12, 2008
America’s energy situation is becoming more untenable and intolerable by the day…But this unacceptable situation has nothing to do with running out of vital energy resources. The shortages and soaring prices have been created and imposed on us by government policies and edicts. They are artificial.

Do the Right Thing: Start Drilling!
Victor Davis Hanson | June 12, 2008
The debate in Congress over more refineries and nuclear power plants; drilling in the Arctic National Wildlife Refuge and off our coasts; and developing oil shale, tar sands and liquid coal has been usually a predictable soap opera.

Drill! Drill! Drill!
By Daniel Henninger | WSJ | June 12, 2008
At this point in time, is there another country on the face of the earth that would possess the oil and gas reserves held by the United States and refuse to exploit them? Only technical incompetence, as in Mexico, would hold anyone back. But not us. We won’t drill.

American Solutions
As gas prices continue to increase, Congress continues to blame others while ignoring practical steps to stop the pain Americans are feeling at the pump.

Greens thwart gasoline production
By Steven Milloy | June 12, 2008
Four-plus dollar gasoline is forcing Americans to realize that increased domestic oil production is needed to meet our ever-growing demand for affordable gasoline.

Bakken and Torquay Formations
A Saudi Arabia of oil under Saskatchewan, North Dakota, South Dakota, Montana and Manitoba.

Oil Is Making Millionaires in North Dakota
By JAMES MacPHERSON | The Associated Press | June 30, 2008
In less than a year, Stohler and his wife, Lorene, 82, have become millionaires from the production of one well on their land near Dunn Center, a mile or so from the sod home where Oscar grew up. A second well has begun producing on their property and another is being drilled — all aimed at the Bakken shale formation, a rich deposit that the U.S. Geological Survey calls the largest continuous oil accumulation it has ever assessed.

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About Tim Peck

Unaffiliated Objectivist
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