Saturday, May 26, 2018

The USA: "Undisputed Oil and Gas Leader in the World Over the Next Several Decades"

Click here to read the original Cautious Optimism Facebook post with comments

1 MIN READ - From the Cautious Optimism Correspondent for Economics and other Egghead Stuff.

Regarding America's alleged inability to "drill ourselves" out of energy supply problems, from Quartz magazine's "US oil and gas production is leaving Saudi Arabia and Russia behind."

"The [Energy Information Administration (EIA)] independent energy statistical agency describes the US as 'the undisputed oil and gas leader in the world over the next several decades.'”

In its last paragraph, Quartz attempts to frame the US energy success story as potentially catastrophic for the planet--a feeble failure as 99% of readers will walk away from their own story remembering the impressive scale of America's energy success instead of yet more global warming scaremongering.

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