Reporting oil and gas

Decades ago when I covered oil and gas for a Houston daily newspaper, some editor each spring would gas up his vehicle on the way to work and suddenly realize pump prices were higher. He'd enter the newsroom yelling for an expose on the "sudden jump" in gasoline prices. Unlike OGJ staffers, most newspaper editors' ignorance of the oil industry is exceeded only by their lack of education in economics. Most think Adam Smith was one of the brothers who made and advertised the first cough drops in the US. A newspaper editor once called for an oil price report, unaware such an article was in that morning's edition. I was assigned to write a duplicate article for the next edition. Piq...

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