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An Interview with Ray Leonard

When you take these three problems, in an odd sort of way I find some encouragement there because in order for the US to take the steps to wean itself off imported oil you really need to take some pretty drastic action. To do that, you need a broad coalition of support. Any one of these three issues by themselves would not garner enough support. But if you package the three issues together, perhaps you will have enough support to do the sorts of things that are necessary.

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Interview with Marshall Adkins

Everyone in the industry knows it. I think a lot of analysts are reticent to call a spade a spade. At one end of the spectrum you have Matt Simmons who is very vocal and very up front. At the other end of the spectrum the people understand it but aren’t making a big deal out of it.

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Interview with Charles T. Maxwell (Part 2 of 2)

It’s a little difficult to answer because there are two different kinds of money we’re talking about: what will industry spend and where should government spend? Because if the industry is going to spend money on shale gas, which it is, then the government doesn’t have to spend any money there. Shale gas is a natural answer to the near-term energy problem; it’s one of the big answers we’ve got.

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Commentary: Interview with Charlie Maxwell (Part 1 of 2)

By crushing demand, we are in effect gaining two more years, maybe three, in which we in the consuming world have added to our time before the peak, and could take good advantage of, since the peak is right upon us-I have it still at 2015 for all liquids. But, given the way we’re going about it, given the politics, given the direction of the world–like the Chavezs nationalizing all those oil service companies, and the continued Russian attitude–I don’t think that mankind is going to take advantage of those extra two or three years.

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Items from the Mailbag:

Here in Iraq, I’ve had interesting conversations over the past few days with some of my soldiers. Those exchanges illuminate the problem we face in getting people to understand the gravity of our energy situation. The guys I was talking to are some of my better soldiers; they’re savvy, intelligent, and aware of international issues. We started talking about energy, and the issue of an eventual peak of crude oil production. Most of them didn’t have a problem conceptually understanding that there would someday be a peak and then a decline. But when it came to contemplating and understanding the consequences of that eventuality, there was intellectual disbelief. In their minds, there are too many ‘obvious’ alternative solutions.

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