Power shift: Energy boom dawning in America

NBC Nrws - CNBC ^ | Patti Domm , CNBC.com

[Ernest_at_the_Beach]

Jim Seida / NBC News

A worker walks from a 161-foot-tall oil rig to retrieve a tool from a nearby shed outside Garden City in West Texas. When this picture was made on March 3, there were 1,752 rigs exploring for oil and natural gas in the US; 835 of them were in Texas. (Jim Seida / NBC News)

Randy Foutch calls it a renaissance, but when you listen to the veteran Texas oilman and others describe America’s nascent energy boom, it sounds more like a miracle.

Politicians have been warning for decades that the U.S. must wean itself from foreign energy, but just a few years ago their words seemed like so much wishful thinking: The U.S. was facing what seemed like ever-rising oil prices and was importing about 60 percent of its supply. Natural gas inventories were shrinking, and the country was considering importing a liquified form from the Middle East.

NBC News

America's drive toward energy independence

[Ernest_at_the_Beach]

Is this from Government sources....that would explain it.

[thackney]

Believe it or not, the best source of oil/gas production data for states is government data.

http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbbl_m.htm

No one else has the cumulative data from across different companies. The government requires the data to get the permits to drill and operate.

[Ernest_at_the_Beach]

Found the opinion piece this morning.

Posted it:

Joel Kotkin: Will Obama play his aces?

Fate has dealt the president three ‘aces' that could leave him with a legacy of success – if he chooses to play them.