The end of “easy oil” does not mean the end of oil. It simply means that, even in the absence of terrorism, we’ve reached the end of $25 a barrel oil. The best part of all this is that much of the new oil will come from the heart of the EU and North America. When we can produce more oil than Saudi Arabia here in North America at a cost of under $30 a barrel, the economic leverage of Middle East terrorists disappears. Where are these resources, and why are we so confident that they can be tapped? We’ll explain.
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