The Internet makes us dumber: the Bakken euphoria, a case study

Summary:  A case study of information flow on the Internet, and some conclusions.  Why does the Internet sometimes make us dumber?  How can we use it better?  We will need all the help we can get in the days to come. The Internet can make us smarter -- or dumber.  It depends on how we … Continue reading The Internet makes us dumber: the Bakken euphoria, a case study

Euphoria about the Bakken Formation

Summary:  The euphoria about this is nonsense.  The Bakken Formation was discovered in 1953; production started in 2000.  The USGS report will discuss the recoverable resources, which are important.  But the key questions concern the maximum flows produced and the cost of production -- which answer make this just another unconventional source, of marginal significance in … Continue reading Euphoria about the Bakken Formation