Posted August 27, 2012
Ridiculing a New York Times editorial blog is like shooting unusually large fish in a barrel, but this one from last Friday is so fantastical and extreme that a commitment to an honest debate on energy compels me to fire away. And we don’t have to go far to start the fact check, as they lead with:
"The simple truth, as President Obama has recognized, is that a country that holds less than 3 percent of the world’s reserves but consumes more than 20 percent of the world’s supply cannot drill its way to energy independence."
Posted March 13, 2012
Opponents of increased domestic oil production like to portray the U.S. as being helpless in the face of worldwide events. This argument sometimes takes this form:
… with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20% of the world’s oil.
Posted June 15, 2011