Five years ago , speculators predicted that oil production was peaking . Our oil problem is that we 're producing so much of the stuff that we are changing the planet 's climate . 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 . The US has a lot of cheap labor, so it's not hard to find jobs for people who want them. Gas surplus is enabling U.S. to reduce carbon emissions that change 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 . The US has a lot of cheap labor, so it's not hard to find jobs for people who want them. Gas surplus is enabling U.S. to reduce carbon emissions that change climate .