"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.
