Home > Environment > The U.S. as the New Saudi Arabia: An Environmentalist’s Nightmare? | The Business Desk with Paul Solman | PBS NewsHour

The U.S. as the New Saudi Arabia: An Environmentalist’s Nightmare? | The Business Desk with Paul Solman | PBS NewsHour

Over at zerohedge.com, our sometime contributor, tough-minded bank analyst Chris Whalen, links to a recent interview with investor James Lucier on his Institutional Risk Analysis website.

Making Sense

It’s called “The Bull Case for America in a Future of Energy Abundance” and it is certainly provocative, so much so that I sent it to an energy expert of my acquaintance for a reality check. Can this really be “a brave new world in which the United States is the new Saudi Arabia”? Can we really be “on track to surpass both the Russians and the Saudis in oil production by around 2020”? Is this “an environmentalist’s nightmare,” as Whalen put it? And finally, can Lucier’s conclusion be true?

via The U.S. as the New Saudi Arabia: An Environmentalist’s Nightmare? | The Business Desk with Paul Solman | PBS NewsHour | PBS.

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