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  • 1 year ago
Stice: "Reasonable" Energy Prices Spur Development, Maintain Supply

Stice: "Reasonable" Energy Prices Spur Development, Maintain Supply

In 2003, Mike Stice was the chairman of the National Petroleum Council’s supply committee. They reached a consensus on the status of oil in the United States: The country was out of oil and gas. “Of course, you can see today, we were so wrong,” Stice said. Now the dean of the University of Oklahoma’s College of Earth and Energy, Stice says emerging technologies, such as hydraulic fracturing, have created a whole new supply of oil and gas in the United States. The increase in supply has decreased

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