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Old 02-18-2013, 09:40 AM  
slapass
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Join Date: Nov 2002
Location: Earth
Posts: 14,622
USA to be energy independent in 5-7 years

"Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., said that the U.S.?s development of shale oil and gas will make the country energy independent as early as 2018."

http://www.bloomberg.com/news/2013-0...5-7-years.html

This is huge! The US imports $500 B worth of oil a year. The trade deficit would go away.

Countries that have trade surpluses tend to have higher real estate prices. Excess cash is slushing around and it goes for housing most consistently.

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