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  • Oil and gas in the Capitals

    John McCaughey,Contributing Editor, Washington

    Elephants stampede national energy debate. When elephants stampede, goes the wise old African saying, grass gets trampled upon. It’s not certain whom the grass is in this case, but it’s likely to be the American consumer, ratepayer or taxpayer (essentially the same thing). The elephants in this case are Federal Reserve Board Chairman Alan Greenspan and Energy Secretary Spencer Abraham. Behaving unusually, Greenspan testified twice recently before the Senate Energy and Natural Resources Committee on a suddenly dear topic. For his part, the secretary convened an urgent, much-publicized “Natural Gas Summit” on the matter.

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2013 Fracturing Technology

2013 Fracturing Technology