oil price

The Association for the Study of Peak Oil recently held its annual conference down in Austin, Texas. The venue for the meeting was right across the street from the University of Texas football stadium which is as close to the heart of Texas as you can get. This year the conference focused on two main themes: the rapid growth of tight oil production in the U.S. and where it is going; and the economics of oil (or, will prices continue to allow us to grow our economy?).