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Yergin Is Half-Right About Oil, But Other Half Is What Matters

Yergin Is Half-Right About Oil, But Other Half Is What Matters

In “There Will Be Oil” (September 17, WSJ, Page C1), Daniel Yergin concludes that a peak in global oil production is “nowhere in sight.” By focusing on the timing of such a peak, however, he dangerously distracts attention from the monumental challenges facing the oil and gas industry today, and the

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Agenda for the 2011 ASPO-USA Conference

 

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(Note: Commentaries do not necessarily represent the position of ASPO-USA.) Back in the 1960s and 1970s, the country that was the “big growth story” was the Soviet Union. Its oil consumption grew by leaps and bounds. Its space program grew; its military program grew; and it became much more industrialized. But then something happened to stop the amazing growth story. The Soviet Union became

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