Three more years? That’s pretty scary! Surely there must be a mistake in that headline. First in a series Is it possible that average Americans could have a hard time driving only three years from now? Preposterous, to say the very least! Three more years to drive would be awful scary if it were true. Fortunately, it can’t be true because the USA has been racing ahead, drilling like crazy, with the result that we are now the world’s third biggest oil producer, just behind Russia and Saudi Arabia. As everyone who follows the news has heard by now, an innovative drilling technology called “fracking” has added about three million barrels a day of new “tight oil” production, from areas of the U.S. like the Bakken in North Dakota, and the Eagle Ford shale in Texas. Obama used to tell us how we need to break our petroleum addiction, […]

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