The Potential Gas Committee has issued its new biennial gas resource estimate for the United States and once again raised its estimate, this time by 15%, or from 1,321 trillion cubic feet (Tcf) to 1,525 Tcf. This equates to a  70-year domestic cushion, given annual U.S. consumption of 20 Tcf. The evaluation of available shale gas, production of which is now soaring, played a major role in this re-evaluation and potently demonstrates how new technology (aka human ingenuity, what the late Julian Simon called the ultimate resource) creates resources, refuting the static fixity/depletion view of the mineral-resource world.

Few realize that the PGC has been raising the estimates of conventional resources throughout history, even as the United States has consumed large amounts of natural gas. Thus gas has been and is an expanding resource, not a depleting one.…

[Ed Note: This letter is available on the Internet and is reproduced here with permission of the Julian Simon family.]

“So how about it, Al [Gore]?  Will you accept the offer?  And how about your boss Bill Clinton, who supports your environmental initiatives?  Can you bring him in for a piece of the action?”

EARTH DAY: SPIRITUALLY UPLIFTING, INTELLECTUALLY DEBASED

– by Julian L. Simon

April 22 [1995] marks the 25th anniversary of Earth Day.  Now as then its message is spiritually uplifting.  But all reasonable persons who look at the statistical evidence now available must agree that Earth Day’s scientific premises are entirely wrong.

During the first great Earth Week in 1970 there was panic.  The public’s outlook for the planet was unrelievedly gloomy.  The doomsaying environmentalists–of whom the dominant figure was Paul Ehrlich–raised the alarm: The oceans and the Great Lakes were dying;…

It was nice to see John Tierney in his blog post, The Skeptical Prophet, pay tribute to John Maddox, the scientist and revered long-time editor of Nature. “He debunked the catastrophists, most notably in his 1972 book, The Doomsday Syndrome,” noted Tierney, “in which he argued that Spaceship Earth had more carrying capacity and ecological resilience than environmentalists realized.”

Tierney adds: “His book was denounced at the time by John P. Holdren, who is today the White House science advisor. In a 1972 article in the Times of London, Dr. Holdren and his frequent collaborator, the ecologist Paul Ehrlich, dismissed Dr. Maddox as ‘uninformed’ and clearly unable to understand ‘simple concepts’ of population theory.” Stated Ehrlich/Holdren (as quoted by Tierney):…

This Saturday is the third annual, 2009 edition of the Earth Hour campaign to turn off the lights for one hour to bring attention to the alleged crisis of global climate change. The organizer, the World Wide Fund for Nature, states:

For the first time in history, people of all ages, nationalities, race and background have the opportunity to use their light switch as their vote – Switching off your lights is a vote for Earth, or leaving them on is a vote for global warming. WWF are urging the world to VOTE EARTH and reach the target of 1 billion votes, which will be presented to world leaders at the Global Climate Change Conference in Copenhagen 2009.

Here is a better idea: leave the lights on in observation of Human Achievement Hour as suggested by the Competitive Enterprise Institute.…