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.
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Thursday, January 24, 2013
Tuesday, October 4, 2011
Freedom Works, Each And Every Time That It Is Tried
Via Instapundit comes a link to an NPR story talking about the oil boom currently underway in the Big Sky states. The US, Canada, and the nations of South America are poised to out produce the Saudis and other Middle Eastern oil producers.
As a side bonus, we are sidelining the Russians that were in the habit of using natural gas as an economic weapon against Europe.
Drill baby drill!
As a side bonus, we are sidelining the Russians that were in the habit of using natural gas as an economic weapon against Europe.
Drill baby drill!
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