The Daily Graphic: Drill Baby, Drill is Over Baby, Over

March 15, 2009 by Pelikan · 2 Comments
Filed under: Energy Policy, Peak Oil 

Good story over at the New York Times on the slowdown in oil drilling and exploration as energy prices have fallen off the cliff over the past several months.

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2 Responses to “The Daily Graphic: Drill Baby, Drill is Over Baby, Over”
  1. Jeff says:
    March 16, 2009 at 8:03 am

    Yes, it is ‘over, baby, over’ as you say. Less profit = less incentive to produce.

    What do you suppose will happen when global oil demand picks up? Gas prices up? Seems logical…who will be blamed now that Democrats are in charge?

  2. Jeff says:
    March 16, 2009 at 8:12 am

    Related post here:

    http://fmpolitics.blogspot.com/2009/03/power-of-dis-incentives.html