Currently there are natural gas booms happening around New York City, Dallas-Fort Worth, Western Colorado, the Midwest, and elsewhere. Opponents fear this new drilling will ruin the drinking water for millions of people, among other concerns. And energy companies, accustomed to dealing with ...
He likens state-sponsored oil subsidies to giving liquor store discount coupons to an alcoholic relative. This necessary transition will be like reverse globalization, and will undoubtedly be an enormous shock to the population, he says. “But then, so was the process we’ve seen over the ...