Exxon Mobil Shows Why U.S. Oil Output Rises as Prices Plunge

The average cost to operate an existing well in most parts of the U.S. “is about $20 a barrel,” Petrie said. “It might be $5 higher or it might be $5 lower, that’s the out-of-pocket costs that we’re talking about. Until you dip into that and start losing money on a cash basis day in, day out, you don’t think about shutting in” wells.

The Conventional Wisdom On Oil Is Always Wrong

Interesting look at predictions within the oil industry.

I don’t take issue with anything Yergin is saying here. In fact, it makes sense. But that’s the thing about the conventional wisdom: It always makes sense at the time. It’s only later that we can see all the reasons it was wrong.

Disavowal Politics

There is a paradox in mass movements wherein a person or group of people will commit some terrible act, claim an association with a particular movement, and then people outside the movement will demand that the people inside of it disavow those who committed the terrible act.
It’s pretty typical, for instance, of Islam. The narrative goes like this: some terrorist group or individual terrorist does something terrible, and non-Muslims call upon Muslim leaders to disown or disavow the terrible acts and their perpetrators. There are a few problems with this response, whether the case is terrorism or not. Here are some.

Disabled dog runs for the first time thanks to 3D-printed legs

Tara Anderson, a director at 3D-printing company 3D Systems, adopted Derby from non-profit dog rescue Peace and Paws. "I kept looking at his photo and reading his story, and I cried literally every time," says Tara in the video. So she decided to do something about it and created a pair of specially fitted prosthetic legs for Derby, built in a loop configuration similar to kids’ "jumping shoes" to stop him digging them into the ground. The result is one happy dog.

Christmas Tree, Inc.

Your tree has a complicated backstory, one that includes daredevil helicopter pilots, 18-hour days battling Oregon sleet and, of course, the fickle hibernation habits of squirrels.