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World Awash In Oil Shields Markets From 2008 Price Shock

U.S. Democrats Embrace Shale Boom Ahead of Midterm Elections


The US shale boom is shaping a new kind of Democrat in national politics, lawmakers who are giving greater support to the oil and gas industry even at the risk of alienating environmental groups, a core of the party's base. The trend comes as oil-and-gas production moves beyond America's traditionally energy-rich states, a development that also is increasing U.S. geopolitical influence abroad. It is a theme playing out ahead of November's midterm elections, with some Democrats trying to balance environmental groups' concerns about climate change and an industry they see as carrying economic benefits. --Amy Harder, The Wall Street Journal, 12 August 2014
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