Michael Giberson Here’s wishing a happy 150th birthday to the oil industry! On August 27, 1859, Edwin Drake and his steam engine succeeded, after weeks of work, in drilling a successful oil well. Actually, more like “chipping” than “drilling.” Alex Madrigal has the story and several old stereograph images: A western Pennsylvania river valley seems …
150th Anniversary of Edwin Drake’s First Oil Well in Pennsylvania Read More »
Michael Giberson A few days ago I mentioned Michael Lynch’s op-ed in the New York Times in which he takes a few swings at peak oil. Nate Hagens, at The Oil Drum, offers the beginning of a response: Peak Oil has never been about the amount of hydrocarbon molecules that exist, but flow rates, timing …
Lynne Kiesling One great thing about being on holiday out of the country is that I have blissfully been spared the annoying, politicized, and frequently wrong-headed and vapid health care policy discussions and media coverage thereof. I read John Mackey’s WSJ editorial with his health care policy recommendations, the top three of which being: •?Equalize …
Health Care Economics Tidbits: Mackey, New York Times, Horwitz Read More »
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