This is redrawing the global energy map, and the implications go way beyond the economic. If America doesn’t need Arabian oil, why should it spend billions having the US Fifth Fleet keep the peace in the Persian Gulf? Why spill so much blood and treasure in overseas entanglements where no national interest can be found? Why not let Europe sort out its own back yard – and let this debt-addled continent confront the consequences of its failure to pay for a proper military?
True. But Obama is not the man to wield it.