Two weeks ago at a conference on fracking in Agoura, an industry analyst named Gordon Pickering told about 150 geologically sophisticated insiders that natural gas companies are seeing rapid rates of decline in production in the Bakken formation in North Dakota. "It's requiring more and more drilling, and becoming increasingly energy intensive," he said. "TheContinue reading “Shale oil: Overhyped?”
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The Superbowl: National Day of Capitalism
Hype is the point, writes Hampton Stevens: The Super Bowl is our National Day of Capitalism—a feast and party that's mercifully without the least bit of spiritual underpinning. It's a celebration of commercialism and consumerism, and consumption for consumptions' sake. Today we slurp and cho down as much food and drink as humanly possible. We payContinue reading “The Superbowl: National Day of Capitalism”