The United States has been the world's #1 producer of natural gas for eight years now, and of oil for three---realities that are only slowly dawning on the broad public that still tends to think in terms of the olden days when Russia dominated the former and Saudi Arabia the latter. The result? Lower prices for Americans, yes. But also for people around the world. And less income for nasty regimes like the Saudis' Islamic fundamentalists (women can't drive or vote, thieves' hands are cut … [Read more...]
Fracking: It helps Americans, hurts terrorists
Oh, my! Few things can better communicate the enormous benefits of the boom in U.S. shale oil and gas production from fracking than this. The boom not only drives costs for American energy consumers to record lows, but also drives down revenues for OPEC, the leading source of financial support to the world's biggest and most deadly terrorist organizations. … [Read more...]
