I used to write about the oil business. It was a diversion from high tech I took for a couple years in the early 1980s. I worked in Saudi Arabia, attended OPEC meetings in Geneva and Vienna, and hung with a variety of characters from the era of what we called the energy crisis. This column is not about that crisis per se, but rather about how that crisis and our current energy situation are so different and yet so alike. Very interesting things are happening in the energy market — things that have taken 30+ years to come about. The future of energy isn’t what most people — even heads of state — think it is.
First understand that the original energy crisis […]