Between roughly 1998 until 2008 Policy Pete covered most aspects of petroleum
and energy policy.* Recent developments -- the fall in the price of oil -- which
came to Pete as a surprise and sent him back to his computer screen to grasp current
supply and demand.
But is he up to putting it all back into a web site? He hasn't decided. Perhaps dear departed
Lord Palmerston, who uses Pete to channel the odd remark, may yet give him a clue.
Oh, and weren't the ghosts of the Texas Railroad Commission recently seen floating along the
tracks somewhere in the Permian? Perhaps they'll get in touch.
*You think one includes the other? Here is a pic of Pete's hero, Calouste Gulbenkian,
and here the map he drew in 1928 that divied up middle eastern oil.
For his troubles he was given 5 percent of the revenues. You think you will ever
do as well with a couple of wind farms and a big solar roof? Nah, crude rules the roost.