Thanks to the new technique of hydraulic fracturing (fracking), which makes it possible to recover oil and natural gas trapped in shale, the United States now has more reserves of oil, coal and natural gas than any other nation, concluded the Congressional Research Service.
"Shale gas doesn't change everything, it's much more important than that," said British energy expert Nick Grealy.
If these resources were exploited properly, America could be energy independent very soon. Millions of well-paying jobs would be created. New tax revenues would flood the Treasury. The cost of gasoline and electricity would plummet.
"Shale gas doesn't change everything, it's much more important than that," said British energy expert Nick Grealy.
If these resources were exploited properly, America could be energy independent very soon. Millions of well-paying jobs would be created. New tax revenues would flood the Treasury. The cost of gasoline and electricity would plummet.
If true, this will be a game changer. As friend and CrossFit founder Greg Glassman wrote, (journal.crossfit.com), "truth is like a beach ball, it takes effort to keep it hidden and eventually comes to the surface."
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