Something to consider:
EXCERPT:
America, the Saudi Arabia of natural gas
The North American economy may still be too dependent on oil and imported oil at that but it has massive reserves of another, still-being-tapped energy source: natural gas.
A new report in The Economist notes that huge reserves across the continent may make both the US and Canada power-brokers in world energy markets:
North America has an unforeseen surfeit of natural gas. The United States purchases of LNG have dwindled. It has enough gas under its soil to inspire dreams of self-sufficiency. Other parts of the world may also be sitting on lots of gas. Those in the vanguard of this global gas revolution say it will transform the battle against carbon, threaten coals domination of electricity generation and, by dramatically reducing the power of exporters of oil and conventional gas, turn the geopolitics of energy on its head.
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