The energy boom has the nation mired in chatter about a burgeoning job market, or panicked over certain environmental destruction. Instead, we should be asking: To whom will go the spoils of this bonanza, and on whose shoulders will the risks fall?
Rapidly advancing technologies are opening up astonishing sources of oil and gas all over the world. We are entering a new era of fossil fuels that is reshaping global economics and politics—and the planet.
A federal program urges the fast removal of “idle iron” oil and gas platforms in the Gulf of Mexico. But in an unexpected twist, some environmentalists want the rigs to remain as a home for fish.
Despite its tomes of good data, a University of Houston oil-industry historian finds Steve Coll’s “Private Empire: ExxonMobil and American Power” leaves us wanting more.