In response to:

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

Wayne410 Wrote: Oct 04, 2012 7:27 AM
If you can reduce the dollars a family has then you reduce their options for choices in houses, cars, food, vacations, schools, etc, and drive them towards more and more dependence on gevernment for subsistence. Reduced energy production is just another step towards the socialist model Obama has been working for his entire adult life.

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...

Related Tags: Energy NeW WORLD