Five years ago , speculators claimed that oil production was peaking . David Miller : recent evidence is that energy sources are plentiful . At any given moment , there may be a dozen cases in the store , but that inventory is constantly being replenished with the money the customers pay for the cans they remove , and the more tomatoes that customers buy , the bigger an inventory the store will carry . 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 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 .