Calling out extremists

Everything the executive director of the International Energy Agency said in Houston this month needed to be said and cannot reasonably be disputed. Like many leaders who express right thoughts about development of unconventional oil and gas resources, however, Maria Van der Hoeven didn’t say enough. In a speech at the Baker Institute of Rice University, Van der Hoeven tempered enthusiasm about the supply potential of oil and gas in low-permeability reservoirs with warnings about the need for careful development. “The industry must win public confidence by demonstrating exemplary performance,” she said. “And governments must ensure that appropriate policies and regulatory regimes are in p...

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