Discussing Peak Oil, Speculators, Oil Shale, and Alternative Fuels
I am traveling some over the next two weeks, and did not have a chance to record my weekly video segment this week. However, last Friday I was a guest on Alan Colmes’ show on Fox News Radio, so I will share that this week instead. I had been a guest on his show last month to discuss whether President Obama bears responsibility for high gas prices.
As I said then, gas prices are outside the control of a sitting U.S. president. As an aside, gas prices appear to have peaked for now and are on the way down. Does anyone who blamed Obama for higher prices think he is responsible for bringing them back down? That is in fact a dangerous issue to campaign on, because if gasoline prices fall between now and the election — and you have made a big deal out of how they are the President’s responsibility — guess what? President Obama now takes credit for falling gas prices.
Anyway, I am drifting off topic here. On his show, Alan and I discussed my new book Power Plays. Some of the topics we discussed were:
- What peak oil means
- The role of speculators in the oil market
- Why I am skeptical that we will address rising carbon emissions
- Whether methane hydrates are a viable alternative energy source
- The difference between our oil shale resource and oil reserves
- Which alternative fuels are promising
Next week I will try to have a new video up. Readers who have questions can send them to ask [at] consumerenergyreport [dot] com. Consider subscribing to our YouTube channel where you’ll be able to view past and future videos.
Link to Original Article: Discussing Peak Oil, Oil Shale, Speculators, and Alternative Fuels