[catfish1957]

Finally, the project will supplant oil that China now imports from petrostates in the Mid East. Since Iran is first on that list, the new pipeline does not token well for the Iranian regime.

Also considering the US will soon be a net exporter of oil, the entire OPEC organization is going to be seeing demand heading south with a bullet. Which just breaks my little heart. /s

[jpsb]

The US import over 7,500,000 barrels of oil per day. We are not going to be a net exporter of oil anytime soon.

[Rockingham]

There is also a technological wild card in the works in the form of a small, practical “cold fusion” device known as an E-Cat. Supposedly, E-Cats use a metal catalyst and low energy nuclear reactions to convert dollops of electricity and hydrogen into a large quantity of heat. Although much doubted, E-Cat technology is being intensively researched and developed by several companies, with a US venture capital fund backing the most prominent design. Who knows, but a simple and impossible device may bring our era of fossil fuels to a close.