Posts Under ‘oil & gas leases’ Category

The Fury of Republican Impotence

During Bush’s two terms, I wrote a bunch of magazine stories about oil & gas development on public lands. I never encountered so many pissed off people. Many of them felt steamrolled by the energy boom– ranchers in Wyoming and New Mexico, environmentalists in Colorado, and archaeologists in Utah. Lots of career staffers in the…Continue Reading…

Mad Money

Oil and gas companies are understandably shrewd. If it’s not profitable to drill, they won’t drill. They’ll wait. They know the sun will rise again.  As one economist puts it, the gas will be there when the economy recovers and prices improve. So if industry can pull up stakes and wait out the recession, why…Continue Reading…