The article excerpted and linked below delves into the geopolitical ramifications of shale oil and shale gas discoveries occurring around the globe. It is well worth your time.
While the chattering classes yammered on about American decline and peak oil, a quite different future is taking shape. A world energy revolution is underway and it will be shaping the realities of the 21st century when the Crash of 2008 and the Great Stagnation that followed only interest historians. A new age of abundance for fossil fuels is upon us. And the center of gravity of the global energy picture is shifting from the Middle East to… North America.
The Energy Revolution
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