Recently, USA Today invoked the author in a story about the demand for gas in the United States: "A combination of demographic change and policy change means the heady days of gasoline growing in the U.S. are over," says Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and author of a Pulitzer Prize-winning history of the oil industry. This isn't the first time in U.S. history that gasoline demand has fallen, at least temporarily. Drivers typically cut back during recessions, then hit the road again when the economy picks up. Indeed, the Great Recession was the chief reason demand fell sharply in 2008. But this time looks different. Government and industry officials — including the CEO of ExxonMobil— say U.S. gasoline demand has peaked for good. It has declined four years in a row and will not reach the 2006 level again, even when the economy fully recovers. Read that USA Today report here.
Showing posts with label Energy. Show all posts
Showing posts with label Energy. Show all posts
Wednesday, December 29, 2010
Sunday, December 26, 2010
Kurt Eichenwald: Conspiracy of Fools: A True Story
In April of 2005, The Slate had this to say about the book and author: Kurt Eichenwald's version of the Enron drama, Conspiracy of Fools, does not waste breath on unsubtle introspection. The painstakingly researched book is written in the popular (and gripping) fly-on-the-wall style, with recreated dialogue, actions, and scenes. For me, this style sets off warning bells—I unfortunately know firsthand how warped such accounts can be—but Eichenwald's admirable lack of editorializing leaves the reader to draw his or her own conclusions. Conspiracy is also mercifully light on the insipid class caricatures that often color such tales, in which private jets, expensive suits, boardroom struggles, hubris, and other facts of corporate life are ridiculed as symbols of "excess." (They may be excessive, but they aren't limited to companies that disintegrate.) Find the rest of that article here. See also: The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
, Enron: The Smartest Guys in the Room
, Power Failure: The Inside Story of the Collapse of Enron
, Enron: The Rise and Fall
, The Crooked E: The Unshredded Truth About Enron
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