U.S. oil and natural gas entering the global market changes the energy landscape, allowing us to help our allies with reliable supplies, help balance our trade deficit, and will give U.S. companies a wider playing field.
January 2016: the U.S. becomes a global energy superpower
Environmentalists like a good crisis. Spreading fear is a proven fundraising technique—with manmade climate change as the fear du jour. But, back in 2005, the “looming crisis,” according to the Kansas Sierra Club, was the end of cheap oil. The post concludes: “The end of cheap oil, followed by the end of cheap natural gas, threatens to cripple strong economies and devastate weak ones.” The author posits: “The world burns oil faster than new oil is discovered.”
