I find it interesting that many of the individuals expressing the greatest concerns about oil and natural gas supplies are petroleum geologists. The list includes, but is not limited to, Jean LaHerrere, Colin Campbell, Art Berman, Jeremy Leggett, David Hughes and Jeffrey Brown. Prominent entities expressing the view that there is no problem with oil and gas supplies include media sources, politicians and bureaucrats in organizations like the U.S. Department of Energy. Is it more reasonable to expect experts in petroleum geology to give an honest assessment of petroleum resources or politicians, bureaucrats and media sources who stand to benefit from optimistic pronouncements? Based upon numerous media reports and statements by politicians you may have the impression that life couldn’t be any better for the U.S. oil and gas industry. Production is booming and oil and gas companies are rolling in dough. Fracking has made natural gas very cheap […]