• • • Oil, Rail, Steel
Nissa Darbonne, Oil and Gas Investor - Blog Atlas Shrugged |Capitalism |Egoism | To hear Rodney Cohen’s story reminds one of the opening chapters of Atlas Shrugged, when innovation has the potential to further catapult America in its greatness. At the time of the writing, 1957, the scientific premise of the work was farfetched but upon which Rand played out a clash of communism and capitalism, a strange business anti-Darwinism—survival of the least fit.
In the more than 50 years since it was published, one premise has, in fact, become reality: production of oil from shale. Of course, the Ellis Wyatt character’s breakthrough may have been of oil from true shale—oil that has to be produced with mining or thermal assistance—unlike that from the Bakken, for example, which is from rock that sits between shale barriers.