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U.S. Dithers while World Feasts on New Energy Discoveries

David461 Wrote: Oct 04, 2012 8:13 AM
AMEN!

Countries around the world are celebrating new oil and natural gas discoveries that hold the promise of greater prosperity for their citizens.

Argentina has just announced a find described by YPF CEO Miguel Galuccio as a “mother rock,” a shale formation that elevates the country to having the third largest shale energy potential behind the United States and China.

The new discovery of a 3.3 billion barrel oil deposit off Norway’s coast cements that nation’s claim to being Europe’s second largest oil producer.

In southwest Poland, San Leon Energy PLC drilled into a dolomite formation and discovered oil as it...

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