An urban legend to comfort America: demand for oil creates new supply

This is the third post in a series examining “urban legends” about energy that comfort Americans.  These five myths are: I.      Our massive reserves of unconventional oil. II.     We’ll run crash programs to solve peak oil, just as we mobilized for WWII. III.    Demand creates supply, by raising prices. IV.    Oil is Oil, even … Continue reading An urban legend to comfort America: demand for oil creates new supply