Stay true to the dreams of thy youth

• To Strike at Kochs, Democrats Revive Tactic That Hurt Romney - NYTimes.com

  "WASHINGTON — After months of wincing in the face of negative ads funded by the industrialists David and Charles Koch, Democrats believe they have finally found a way to fight back: attacking the brothers’ sprawling business conglomerate as callous and indifferent to the lives of ordinary people while pursuing profit and power. "

  tags: koch washington democrats politics teabaggers unitedstates

• Old Math Casts Doubt on Accuracy of Oil Reserve Estimates - Bloomberg

  "In 1945, Arps, then a 33-year-old petroleum engineer for British-American Oil Producing Co., published a formula to predict how much crude a well will produce and when it will run dry. The Arps method has become one of the most widely used measures in the industry. Companies rely on it to predict the profitability of drilling, secure loans and report reserves to regulators. When Representative Ed Royce, a California Republican, said at a March 26 hearing in Washington that the U.S. should start exporting its oil to undermine Russian influence, his forecast of “increasing U.S. energy production” can be traced back to Arps. "

  tags: reserves oil energy unitedstates gas energysecurity energysector energypolicy

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