The United States will soon be a net exporter of oil; if by soon you mean five years or so. Yet when you read the press, it seems that this is a surprise. Check out this link at CNBC.
Our huge growth in oil production should have been obvious to anyone paying even the slightest attention.
Oh, and as long as I'm snarking ... Do you want world peace? Get the US away from middle eastern oil and it will happen all by itself.
Capitalism is just simply amazing.
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