I have a collection of NatGeo back to the 40s. I love reading those articles from the 70s that foretold the end of petroleum.
Of course the hidden dividend of fracking (and the corresponding Energy Independence of the US) is that we don’t need to send our sons and daughters to die in the desert halfway around the world to protect someone else’s oil. Syria, Afghanistan, Iraq, Iran, etc.
Even if fracking was never invented, we should never have sent America’s best young people to die and get maimed in the middle-east. We spent $6 Trillion+ there since Bush-43, with borrowed money.
It really does not matter who controls the oil, because whoever does must sell the oil to eat and other necessities. Sand is extremely hard to digest.