North American Strategic Energy Adds Diplomatic Clout

Sophisticated American and Canadian energy industries have given the Free World an economic boost and a powerful diplomatic weapon.

The North American “fracking” revolution — hydraulic fracturing to tap vast reservoirs of “tight” natural gas and oil — has altered the world’s strategic calculus.

U.S. and Canadian firms began experimenting with advanced oil and gas recovery techniques well before the “shale oil boom” made headlines. However, the development of fields in North Dakota and Texas helped develop techniques, technology and expertise. Fracking has opened previously untapped reservoirs. Frackers use improved drilling and production techniques to exploit existing fields. Information technology helps energy companies identify new oil and gas reservoirs and reduce the risks of “wildcat” oil and gas exploration.

h/t Xavier

  • dance…dancetotheradio

    And it’ awesome!

  • Watchman

    My understanding from reading over the years is that Europe sold its soul in the 1970s after the flexing of OPECs control of the world’s oil supply. In exchange for continued supplies of Middle Eastern (ME) oil, Europe agreed to accept millions of muslim migrants. To a lesser extent, the USA was threatened with oil restrictions but due to its own oil reserves the price for continued supply of ME oil was lower.

    Now that the USA is less critically dependent on ME oil, it has more power to demand that the Saudis rein in their support of Wahhabist extremists and jihadists.

    • dance…dancetotheradio

      Europe redrew the map of the Middle East and were too stupid to keep the oil.

    • Norman_In_New_York

      The game is changing in the Middle East itself. Israel’s discovery of huge natural gas deposits offshore has enabled it to be much more energy independent, including just about its entire generation of electricity. Cyprus and Greece stand to share in the gas bonanza. And the Kurdish drive for contiguous territory west to the Mediterranean would enable them to build a pipeline from Kirkuk to ship oil from there direct to international customers.

    • bob e

      we hope ..

  • Dana Garcia

    I’m sure fracking added to Saudi politeness.

    • Clink9

      Think I heard Trump tell them “frack you!”

      • andycanuck

        Or “You’re fracked!”

      • bob e

        he was polite saying it though ..

  • Spatchcocked

    Ergo the Soddys brown nosing the USA ……so how many billions of war materiel do you want us to buy Mr Trump?
    We Soddys are definitely not key players anymore but we DO want to survive into the future so how can we help the USA….?
    It truly is a beautiful thing. The USA has the barbarians by the balls.

    I see paradigmatic changes occurring in Wahhabi policy in the very near future….I see the money running out for the mosques and madrasahs throughout the world…

    Bless the frackers and bless the Donald. A corner has been turned.

    • dance…dancetotheradio

      I expect them to start selling assets they own around the world, soon.
      Oil at the current price leaves them in deficit.

      • xavier

        And I can’tell wait for the screws to be out on them. Those scams stole 10 trillion and I want it returned with interest. I want the Peninsula to revert back to the quaint backwater it was.

        • Bataviawillem

          Be patient it will happen, 10 years after the last drop of oil it will look like Yemen again.

    • andycanuck

      And Obama bowing to them didn’t have the same result.

    • Blacksmith

      I hope and pray you are correct.

  • The Deplorable Rosenmops

    But will the damn Natives and greens allow pipelines to be built to transport the fuel.

    • andycanuck

      Yes. I think the Strategy Page might have that half of the equation incorrect.

  • ismiselemeas

    There are many here who dismiss electric cars but rest assured, as we become increasingly urbanised, it will be electric cars that dominate the highways. The west and everyone else who wants to follow will force peak demand as opposed to peak supply. OPEC and the Saudis are screwed.

  • Bla Bla

    Americans yes, but here in Canada no… It’s getting tougher and tougher to exploit and deliver the oil (hell, any natural resource for that matter) to market without the same jack asses getting in the way in the name of political correctness. We will be like Venezuela in a few more short years if things continue to go the way they are going now.

    • Oracle9

      Forcing lefties to walk the talk would in very short order cure the problem of their sabotage to the workings of our industries.

      • Bla Bla

        Indeed, hence why they are so quick to disappear when confronted with real facts and science.

  • Norman_In_New_York

    Trump isn’t stopping at fracking. He also plans to promote renewed drilling off our coasts, including the eastern Gulf of Mexico, and utilize ways of turning coal into a clean burning fuel.

  • bob e