Yes. the size of the shale revolution is as big as the initial drilling at spindle top texas. Its also as economically and geo strategically significant as the OPEC embargoes of the 70’s and the decline of US oil production.
The last paragraph says this:
Geopolitically, the shale revolution strengthens the United States, reduces China’s energy dependence, generates a major global stimulus, which takes the Western economies off the fiscal rocks, while potentially destabilizing both the Russian Federation and Saudi Arabia. We must continue to press ahead with it.
I wonder if they are also fracking in the old Teapot Dome area.