Terrorism has long been funded by petro-dollars. Ironically or otherwise, the oil barons of the Middle East have sold us oil and then funneled a portion of those profits into organizations like Al Qaida.
Now we find that the recent energy boom in the U.S. due to new technologies for recovering shale oil have caused us to increase production. The increase is enough that we may surpass Saudi oil production before the decade is over.
It is possible that other nations with significant shale reserves may follow in our footsteps.
Which would leave the Saudis with far fewer oil consumers and far more oil exporting competitors.
Good. Let 'em eat sand for a while.
No comments:
Post a Comment