Forum Discussion
Optimistic_Para
Oct 10, 2018Explorer
Interesting web site. But possibly already out of date.
I've been watching some YouTube videos of talks by Peter Zeihan, strategic analyst and author of the two books: THE ACCIDENTAL SUPERPOWER, and THE ABSENT SUPERPOWER.
He maintains that thanks to a technology revolution in shale oil, we've ALREADY obtained energy independence and no longer need to import ANY foreign oil. And the cost per barrel of shale is already competitive with OPEC's price and is still dropping.
At this point, a major war in the middle east between Iran and Saudi Arabia, cutting off the flow of oil from the region, wouldn't affect us at all, it would just wreck the rest of the world. We would still have all the energy we need and all the food we need.
Oh, and according to him, the reason we flare off so much natural gas is because we just don't have the infrastructure to DO anything with it.
I've been watching some YouTube videos of talks by Peter Zeihan, strategic analyst and author of the two books: THE ACCIDENTAL SUPERPOWER, and THE ABSENT SUPERPOWER.
He maintains that thanks to a technology revolution in shale oil, we've ALREADY obtained energy independence and no longer need to import ANY foreign oil. And the cost per barrel of shale is already competitive with OPEC's price and is still dropping.
At this point, a major war in the middle east between Iran and Saudi Arabia, cutting off the flow of oil from the region, wouldn't affect us at all, it would just wreck the rest of the world. We would still have all the energy we need and all the food we need.
Oh, and according to him, the reason we flare off so much natural gas is because we just don't have the infrastructure to DO anything with it.
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