The Washington Post has an article titled "Center of gravity in oil world shifts to Americas".
This should not be a shock. I remember, in the Seventies, when the UK and Norway were big producers just then coming on line. But, it won't last for ever. Will our Department of Energy (DOE) ever give us a breakthrough or will they just continue to spend $24 Billion (of our money) each year?♠
Regards — Cliff
♠ Granted, ten billion goes for nuclear weapons custody and maintenance. A little known fact is that all US nuclear weapons belong DOE, and are on loan to DoD.
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