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Showing posts from September 27, 2015

Progress Traps

I just arrived in Saudi Arabia after 17 hours of flights from the U.S.  My wife and I attended our son's beautiful wedding in Sonoma, California, bonded with our children, students and many friends, and I attended the largest Society of Petroleum Engineers (SPE) conference in Houston, where I realized that I knew most people over fifty.  Kind of scary, but what can one expect after being an SPE member for 33 years?


You may ask what are my impressions from America after a nine-month absence?  There are many positive impressions and some are mixed.  First, we miss America. I loved the lush green trees in Texas, and the beautiful live oaks everywhere I looked in my Austin neighborhood.  I loved being with my children, friends and neighbors.  I did not like the rampant inflation of the cost of food and most living necessities.  This inflation has been at least 10% per year in most metropolitan areas, and is not captured by the highly misleading consumer price index (CPI), which regist…