It’s 150 years since oil was first drilled. Do you…
a) Write a long piece for a respected periodical, reflecting on your Pulitzer-prize winning book, increased volatility and state-control of oil, and the folly of peak oil?
b) Run an oped by a well-known critic of peak oil, criticising peak oil?
c) Write an angry rebuttal of said oped, and let the debate unfold?
d) Invite the author of said oped to a long-term bet on oil prices settling at $40?
a) Yes - if you are Daniel Yergin
b) Yes - if you are the New York Times/Michael Lynch
c) Yes - if you are The Oil Drum
d) Yes - if you are Joe Romm
Thursday, August 27, 2009
How the history of oil becomes an argument over its future
Here's some good writing from Kate Mackenzie at the Financial Times' Energy Source: