Big Oil Can’t Get Beyond Petroleum
Posted in Main Blog (All Posts) on June 14th, 2010 4:31 am by HL
Big Oil Can’t Get Beyond Petroleum
Gordon & Sperling, Washington Post
On Jan. 10, 1901, at the Spindletop oilfield near Beaumont, Tex., a deafening blast rocketed a column of oil hundreds of feet into the air, wrecking a derrick. This gusher pumped out nearly 100,000 barrels a day at first, more than the combined production of every other well on Earth. Spindletop tripled U.S. oil production overnight, and America's dependence on oil was born.On April 20, 2010, as history will forever record, another oil fountain erupted — this one a mile beneath the surface of the Gulf of Mexico.
Can the French Cut Welfare?
Christopher Caldwell, Weekly Standard
Sunday,June 13, 2010 A Period of Consequences Our dangerous Iran policy. BY Jamie Fly and William Kristol June 21, 2010, Vol. 15, No. 38 The passage last Wednesday of a fourth U.N. Security Council resolution imposing sanctions on Iran was the latest act in the tragicomedy that is U.S. policy toward Iran. Read more Self-Destruction in Illinois Democrats melt down in Obama's home state. BY Fred Barnes June 21, 2010, Vol. 15, No. 38 Â Chicago Read more …
