Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.
America has answered Sarah Palin’s call to “Drill, Baby, Drill!” and we are now in the midst of a tremendous boom in energy exploration.
Today we are drilling with fantastic results, according to what I read recently in The Financial Times of London. We are in the midst of tremendous boom in energy exploration thanks to new technologies on the oil, natural gas and propane front.
During my whole adult life, we’ve had presidential rhetoric about energy independence. But it was only talk. Over time, we only became steadily more dependent on foreign oil from nations that want to destroy us.
But now in a surprising reversal, we’ve gone from 60% of our energy needs being met by imported oil to 47% in just five short years. And that number is still improving and we’re not close to done.
If we want to get serious, here’s what needs to happen next:
There is so much good stuff coming about as a result of all this. We’ll have the benefit of being able to retain dollars that previously flowed overseas to foreign producers, not to mention the jobs that come with industry developments.
North Dakota is Boom Town USA because of new methods of exploring for energy. They can’t find workers to meet all the demand in the state. (Winter’s tough, though!)
This post was last modified on March 22, 2017 2:29 pm
If you've been considering signing up for one of the Chase Sapphire credit cards, now…
The costs associated with owning a home go way beyond the amount on the mortgage. …
Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…
Deciding to save and invest are great habits. But once you check that box, your…
If you're considering subscribing to Fubo, you need to be comfortable missing out on some…
Are you looking for a way to earn 2% back on every purchase you make…