The US fracking revolution has been catastrophic for every dictatorship on the planet.
No wonder Rouhani hasn’t much to smile about these days.
They started hydraulic fracturing in Iran years ago as well. It is used all over the world.
The biggest difference I believe belongs to the private ownership of minerals in the US. Those willing to risk capital have bigger payouts in the US compared to most other locations.
True....good ol supply and demand. The price will come up when demand is up....simple enough. In the meantime all the enjoy the hurt of the oil producers that are our enenmies....Obola’s head must be about to explode because all his pals are hurting LOL