Two years ago yesterday, MasterResource was launched by a group of free-market energy scholars.

Our concept was different from most blogs. With one in-depth blog per day, the idea was to create an open book of small mini-chapters, creating a scholarly resource and a historical record for the energy and energy/environmental debates. We now have 275 categories–the index of our ever expanding book.

Our total views have surpassed 700,000. Our rank at Technorati is #25 out of 6,369 “green blogs” (as of 12/26/10). We have a loyal, sophisticated readership. The comments add meat to the posts.

Most of all, our content will most assuredly meet the test of time as future scholars review MasterResource to understand the intellectual arguments and political discourse.

Here is the opening blog from December 26, 2008:…

[Editors note: This is the final installment of Alex Epstein’s four-part exploration of innovation and creative destruction of the early oil market. Read Part 3 here. References are at the bottom. This post was originally published in The Objective Standard.]

John D. Rockefeller’s improvements, which can be enumerated almost indefinitely, helped lower the prevailing per-gallon price of kerosene from 58 cents in 1865, to 26 cents in 1870—a price at which most of his competitors could not afford to stay in business—to 8 cents in 1880. These incredible prices represented the continuous breakthroughs that the Rockefeller-led industry was making. Every five years marked another period of dramatic progress—whether through long-distance pipelines that eased distribution or through advances in refining that made use of vast deposits of previously unrefinable oil.…

[Editors note: This four-part post examines the innovation and creative destruction of the early oil market. It was originally published by The Objective Standard.]

The most important and most overlooked energy issue today is the growing statist threat to global energy supply.

There is no substitute for available, affordable, and reliable supply. Cheap, industrial-scale energy is essential to building, transporting, and operating everything we use, from refrigerators to Internet server farms to hospitals. It is desperately needed in the undeveloped world, where 1.6 billion people lack electricity, which contributes to untold suffering and death. And it is needed in ever-greater, more-affordable quantities in the industrialized world: Energy usage and standard of living are directly correlated.1

Every dollar added to the cost of energy is a dollar added to the cost of life.…

[Editor note: This post was prepared by Mary Hutzler, Dan Simmons, et al. for the Town Hall blog at the Institute for Energy Research, a free-market ‘all-energy-all-the-time’ think tank.]

“The federal government is ultimately responsible for the long-term … consistent [energy] policy…. A clean energy portfolio standard is one example of a potential policy that the administration and Congress should discuss.… In this time of fiscal austerity I propose such a standard.”

–Secretary Steven Chu

With each passing day, the odds of Congress passing a Renewable Electricity Standard grow more and more dim. But Energy Secretary Chu, Senator Graham, and others are now promoting a similar mandate under a new name. Their old vinegar/new bottle effort should be exposed and rejected as the wrong path for energy policy.

Instead of a renewable electricity mandate, Chu, Graham, et al.…