Re: The U.S., energy producing superpower
Posted: Mon 12 Jun 2017, 14:38:40
Revi wrote:This whole system is running on debt. Debt worked when there was an increasing supply of stuff, but without growth in the energy supply it is just borrowing from a future that doesn't exist...
????
There's been massive growth in the energy supply in the US over the last 10 years. The equivalent of another Saudi Arabia of oil has been made accessible through fracking TOS in the Permian basin and other areas.
Cheers!