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image: FACES OF FRACKING / FLICKR

Old Oil Fields Are A Major Source Of New Supply

March 13, 2018

Via: Forbes

The animated show South Park ran an episode in which Professor Chaos becomes frustrated trying to come up with an idea for mischief that hasn’t already been done by The Simpsons. “Simpons did it,” is the response to his every suggestion. In petroleum economics, the place of the Simpsons is filled by (my mentor) the late Morry Adelman, who wrote a number of papers on the basics which have stood the test of time, even if few are aware of them. (How many read “Resources and Energy?”)

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