by JAKOB URDA, '19 On October 4, 1957, the Soviet Union launched Sputnik, the world’s first orbital satellite. No less astounding was the R-7 Intercontinental Ballistic Missile which carried the small metal ball into space—capable of also delivering thermonuclear warheads to American cities. In launching the space race, Sputnik ushered in the age of the... Continue Reading →
The Wrong Peak, Part 2: Technological Change
by JACK HAYNIE, '20 The oil industry, like any other sector of the economy, is eternally at the mercy of technological change. Increasingly, petroleum has been pressured by changes to industries where it once was the unquestioned energy source of choice. Even where it is still used, innovations in fuel efficiency have drastically reduced the... Continue Reading →
The Wrong Peak: How the Global Economy Silently Turned Against Oil, Part 1
by JACK HAYNIE, '20 For decades, rising oil demand has been taken almost as a given by policymakers and private sector energy producers alike. Rhetoric about “peak oil,” from the 1970s onwards, has become a trope in popular discussions about the energy industry and resource management policy. The logic goes that, as the global middle... Continue Reading →