The Fragile State of Oil

For the last 147 years, ever since Edwin Drake drilled his first well in Pennsylvania, we’ve enjoyed cheap and easy-to-get oil. Unfortunately, those days have come to an end.

When will the dam break?


I’ve been asking myself that for the last two years. Many of you already know that I’m referring to the energy crisis we’re facing. The reality is that we’re a lot closer to it than most people think.

But I’m not going to lay the blame on just one event. The truth is that there’s a long list of reasons we’re going to be in trouble.

Energy and Capital