Fund the magic of new science
USA Today New science is the closest thing to magic needed to solve seemingly intractable problems in every domain from medicine and manufacturing to energy and the environment.
USA Today New science is the closest thing to magic needed to solve seemingly intractable problems in every domain from medicine and manufacturing to energy and the environment.
This Friday OPEC meets in Vienna. The elephant in the room is the very visible impact of America’s shale fields on world oil markets. The technologies that have unleashed U.S. shale hydrocarbons have resulted in the fastest growth in oil production in a century.
The spectacular emergence of an industry that drills in shale formations to produce hydrocarbons is generating massive quantities of untapped data. The $600 billion in U.S. shale infrastructure investments and the nearly 2,000 million well-feet drilled has produced hundreds of petabytes of relevant data.
The shale industry is unlike any other conventional hydrocarbon or alternative energy sector in that it shares a growth trajectory far more similar to that of Silicon Valley’s tech firms.
Real Clear Politics There are still a handful of truths about America about which nearly everyone agrees. One is the centrality of innovation for future prosperity. This truth stretches back to the beginning of the nation. As every aspiring patent lawyer learns in first year, the Founding Fathers enshrined into the Constitution itself-not just in…
Just before Earth Day 2011 when oil was selling for $120 a barrel, former Saudi oil minister Sheikh Yamani put out the idea that oil prices could imminently reach $200 to $300 per barrel. He was referring to the implications of unrest in the Middle East in the wake of the then recent Tunisian…