How fracking insulates USA: Our view

It eases security threats emanating from both the Middle East and Vladimir Putin.

There is much news these days from the world’s major energy producing regions. Almost none of it is good.

Iraq, Libya and Syria are in turmoil. Russia, the world’s largest exporter of natural gas and the second largest exporter of oil, is bullying Ukraine and by extension Western Europe. And Iran’s nuclear program may yet provoke a market-roiling conflict.

Amazingly, as all this has transpired, U.S. gasoline prices have been stable, even falling. The domestic economy is picking up steam. And the stock market has hit all-time highs.

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