Yep. Just imagine how much worse the Great Recession would have been but for Fracking. That and the Tech industry are about all that kept the country afloat though for much of the country the Great Recession was about as bad as the Great Depression.
President Trump has taken the brakes Obama applied off so we should see an even bigger boost in the future. This has also completely transformed our security situation. We already can just about meet all of our energy needs with imports only from the rest of North America. We simply do not need the Middle East or Nigeria or even Venezuela any more. Will our foreign policy adjust? Will we draw down our troops and stop paying the price to ensure the flow of oil for Europe and China.....oil that we are not dependent on? I’d say its high time that stopped. If the region goes to hell in a handbasket, its no longer our problem.
If the region goes to hell in a handbasket, its no longer our problem.
Middle east goes bad, Europe goes bad.
Europe goes bad, we have serious problems.
We were not nearly as intertwined with the rest of the world prior to WWII.
Now the whole world of markets are intertwined.