 Google Images Thanks to America’s vast, unexpected new natural-gas supplies, the nation faces a once-in-a-lifetime choice. Not since 1911, when Winston Churchill, then Britain’s first lord of the Admiralty, decided to convert the Royal Navy from coal to oil power has a nation seen such an opportunity to choose a new “master resource” (as the economist Julian Simon put it), and in so doing chart a new economic and strategic course. TAGGED: gas exports, EIA, Department of Energy, LNG, British fleet, Coal, Winston Churchill, natural gas, Julian SimonRECOMMENDED ARTICLES| “Predictions are hard, especially about the future.” That was Nils Bohr’s aphorism that made it into history, although in another one of those unpredictable twists the quote is now being attributed to Yogi... more ›› |
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