[Editor note: A profile of Guillermo “Billy” Yeatts, an Argentinean and energy expert, author, and free-market philanthropist, is at the end of this post.]

The history of oil and gas production in Latin America has been characterized by a continuing tug of war between the state as owner of the subsurface (Spanish colonial tradition) and private producers in pursuit of profits. Private participation in the industry has been limited to brief periods and restricted to specific phases of oil and gas production.

The typical pattern is that foreign oil and gas companies are allowed into a country to locate and initiate production. Once oil is flowing, governments nationalize the companies’ facilities – with or without compensation – and hand them over to government-owned and operated monopolies.

Whether the oil or gas is produced by private corporations or by a government monopoly, it is almost always the government that receives most of the profits.…

[Editor note: Bryce’s Power Hungry, released today, is his second book on energy after Gusher of Lies and fourth book overall.]

In his brand new book Power Hungry, energy journalist and Austin apiarist Robert Bryce marshals many numbers to plainly show how modern culture exacts power from energy to save time, increase wealth, and raise standards of living. Bryce also dispenses common sense to citizens and policy makers for an improved environment, a more productive economy, and a more enlightened civil society.

Inspired by enegy writings of Rockefeller University’s Jesse Ausubel, and the University of Manitoba’s prolific Vaclav Smil, he makes the case for continuing down the path of de-carbonizing our machine fuels—a process begun two hundred years ago when we turned from wood to fossil fuels and huge reservoirs of impounded water.…

Editor note: In Part I and Part II, Jon Boone set the stage for a final analysis of the Sierra Club’s current position in support of wind power. This conclusion to the series provides a discussion on the science, realities, and the unintended consequences that may be the result of current environmental movement thinking, which it typifies.

 Birkenstock Tales

MBA types who wouldn’t know a bat from a bowtie now run the national Sierra Club. Their interest is in gaining membership and revenue. In a critique aptly entitled, Torquemada in Birkenstocks, Jeff St. Clair said this about Carl Pope: “[He] has never had much of a reputation as an environmental activist. He’s a wheeler-dealer, who keeps the Club’s policies in lockstep with its big funders and political patrons. Where Dave Brower scaled mountains, nearly all of Pope’s climbing has been up organizational ladders.”…

Editor note: In Part I, Jon Boone traced the history of the Sierra Club from its inception in 1892 to today and commented on its evolution as an environmental body. Part II focuses on the realities of today’s wind power initiatives and its influence on Sierra Club beliefs. Part III concludes with a discussion on the science being used to promote its policies and the unintended consequences that may result.

Between the Gush for Wind and the Hard Place of Reality

The physical nature and enormous size of industrial wind projects has caused a lot of blowback. Between Maryland and West Virginia, for example, there is potential for around 2000 wind turbines, each nearly 500-feet tall; they would be placed atop 400 miles of the Allegheny Mountain ridges. About 20 acres of forest must be cut to support each turbine—4-6 acres to accommodate the free flow of the wind per turbine; one or more large staging areas for each wind project; access road construction; and a variety of substations and transmission lines.…