The Triumph of American Oil

In case you haven’t noticed, U.S. oil and gas companies are slaughtering the international competition and wiping out all our old assumptions about the global energy market.

There are a couple of articles, one at the New York Times and the other at Reuters, which are required reading for anyone who isn’t aware of perhaps the greatest American economic victory in recent times.

There was a War for Oil, for the benefit of our friends who remember fondly the protests from the previous decade, and we won — without firing a shot.

Of course Justin wants our oil in the ground.