Latest Posts





Fracking, Not Renewables, Is the True Energy Revolution of Our Time

I recently traveled to Tallahassee Florida to give a presentation  on fracking and energy policy for the Florida State University College Libertarians. My main theme was that fracking, not renewable energy, is the true energy revolution of our time, and today’s Today in Energy, published by the U.S. Energy Information Administration confirms my thesis.

The graph below shows crude oil production in the United States from 1920 through August of 2018. As you can see, the United States had never produced more oil than it did in August, and this is directly due to hydraulic fracturing, often called “fracking.”

In fact, U.S. crude oil production reached 11.3 million barrels per day (b/d), which means we produced more oil than Russia or Saudi Arabia. When it comes to oil, fracking makes America number one. It’s the same story with natural gas. Fracking has made the United States is the world’s largest producer, and our country will soon be a net exporter of energy.

The fact that the U.S. would become an energy superpower was unthinkable ten years ago. President Obama famously said the United States could not drill its way to lower prices. He was wrong, but then again, almost all of the energy experts were wrong.

Fracking shows what a technological disruption in the energy truly looks like, a rapid adoption of new technology that lowers prices for consumers regardless of the hurdles placed in front of it by governments and attempts to squash it by vested players in established industries like OPEC.

Fracking also shows us what technological disruptions don’t look like, and wind and solar fit this bill. Despite decades of subsidies and tens of billions of squandered taxpayer dollars, and state laws requiring their use, these sources of energy simply cannot compete in terms of reliability or affordability of fossil fuels.

This is simply because wind and solar are dumb sources of energy. When the wind isn’t blowing or the sun isn’t shining, we switch on the natural gas plants to make sure the lights stay on, the hospitals can run at full speed, and the schools can remain open.

Viva fracking, auf wiedersehen, wind and solar.




Upcoming Events

  • YLC Curling Event

    Location: Chaska Curling Center 3210 Chaska Blvd, Chaska, MN 55318

    Grab your broom and stone and join the Young Leadership Council for an evening of Curling at the Chaska Curling Center! $40 registration includes: Instruction Ice time and equipment Appetizers (Curling Center Bar will be available to purchase drinks) The event will begin with 15-20 minutes of classroom instruction on curling rules and basics followed by 20-30 minutes on the ice for practice and drills. Instructors will be on hand the whole evening to guide your games. Dress Code: Bring a pair of clean-on-the-bottom shoes to change into. No leather soles or metal lace hooks Loose fitting or strechy clothes…

    Register Now
  • The Diversity Delusion

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    Please join Center of the American Experiment on Wednesday, April 24th at the Hilton Hotel for a lunch forum with Heather Mac Donald as she discusses her new book, The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture.  Heather Mac Donald is the Thomas W. Smith Fellow at the Manhattan Institute, a contributing editor of City Journal, and a New York Times bestselling author. She is a recipient of the 2005 Bradley Prize. Mac Donald’s work at City Journal has covered a range of topics, including higher education, immigration, policing, homelessness and homeless advocacy, criminal-justice reform, and race…

    Register Now
  • 2019 Annual Dinner Featuring Nigel Farage

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    Purchase Tickets Here

    Register Now