New American Energy Boom, A Reprieve and a Reckoning
Little by little America seems to be catching on to the unexpected oil and natural gas production boom engulfing the United States. The 40-year catechism of U.S. energy, that supplies are going down and Americans use too much, is being completely rewritten. Americans, in fact, are using less energy. Meanwhile, a convergence of new exploration and drilling techniques, and rising global demand that is keeping prices high, is producing what looks to be the most …