Five years ago , speculators claimed that oil production was peaking . David Miller : recent evidence is that energy sources are plentiful . Iraq and Mexico can produce much more oil , and United States is awash in natural gas , he said . Frum : Gas surplus is enabling U.S. to reduce carbon emissions that affect climate .
Five years ago , speculators predicted that oil production was peaking . David Frum says recent evidence is that energy sources are plentiful . Iraq and Mexico can produce much more oil , and United States is awash in natural gas , he says . Frum : Gas surplus is enabling U.S. to reduce carbon emissions that change climate .