Houston, We Have an Oil Problem Posted on: Wednesday, 18 June 2008, 03:00 CDT By Steve Huff huff.column@earthlink.net The other day at least three of my patients could not afford the gas to come to the doctor. On the way home I glumly pumped $44.85 into my Mini Cooper. That night I paid $600 for a plane ticket that used to cost $275. It was a flight to Houston where my sister lives. An oil town, new buildings had popped up across the skyline, old buildings enjoyed facelifts, luxury services flourished and Chevy Suburbans ruled the road. Houstonians haven't seen a boom like this since 1982. Clearly, $130 a barrel is not bad for everyone. With profits at record levels, Big Oil feels little incentive to do anything except find more oil. Beyond petroleum? Renewable energy projects have long since degenerated into forays to the Rocky Mountains to wring out shale. That, I believe, is where windfall oil profits become reprehensible. Sure, a profit margin of 10 percent is respectabl...