Rise Of ‘Saudi America’ Will Alter Globe, Prolong U.S. Superpower Role -- Tim Johnson, McClatchy Foreign Staff
MEXICO CITY — For the past 40 years, U.S. presidents have launched distant wars, allied with autocratic sheikhs and dispatched naval fleets to protect sea lanes, all for the imperative of keeping foreign oil spigots flowing.
That imperative has now subsided. Rather suddenly, the center of gravity of global energy production has swung toward the Americas as shale oil and gas fields in North Dakota and Texas hum with activity. America is moving to the fore as the world’s largest producer of petroleum and natural gas.
That change will reorder the globe in ways large and small.
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My Comment: The center of gravity of global energy production has definitely swung toward the Americas as shale oil and gas fields in North Dakota and Texas expand. And while I do believe that this is only temporary .... oil reserves will eventually be depleted .... for the foreseeable future this is a welcome development.
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