Friday, August 28, 2009

Celebrating Oil

Congrats to Alex Epstein for having an excellent editorial published in IBD. The takeaway:
Nearly every item in your life would either not exist or be far more expensive without oil; there is simply no comparable source of practical, portable energy.

Yet today people increasingly label oil a pollutant that damages rather than enhances our lives and, even worse, an addiction — likening our consumption of oil to a junkie's self-destructive heroin habit. This is profoundly ignorant, not to mention unfair to the petroleum industry that tirelessly innovates, year after year, to find more oil and extract it more efficiently.

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