On March 5, the New York Times published a front-page story called “Oil Innovations Pump New Life Into Old Wells.” Getting new oil from “played out” wells was the thrust of the piece; as the price of oil rises, it becomes worthwhile investing new money into old wells. The article also indirectly took on the […]
Contact
Talk back! Send an email to mark@markfloegel.orgSubscribe
Sign up to receive these commentaries via email.About
Categories
Archives
Browse the archives - all the way back to 1996.-
Recent Posts

The Oil Deficit
Late last week, the federal government’s Energy Information Administration posted the final global oil consumption figures for 2006. Although we pumped more oil than ever in 2006, on an average day, we consumed over 400,000 more barrels of oil than we produced. This is not the first time demand has exceeded supply; in 2002 we […]