“But for all of the jousting here at home over natural gas exports and the virtues (or lack thereof) of renewable energy, the global energy story of today is coal.”
The shale revolution has fundamentally changed the American energy scene. Over the last five years or so, domestic production of oil and gas have soared. And some analysts are claiming that the US oil production could soon surpass that of Saudi Arabia.
As the shale gale rumbles forward, the usual battles over renewable energy are continuing. At the state level, policymakers and lobby groups continue tussling over renewable portfolio standards. At the federal level, the White House continues its mindless support for the corn ethanol scam and Congress continues debating subsidies for wind and solar.
But for all of the jousting here at home over natural gas exports and the virtues (or lack thereof) of renewable energy, the global energy story of today is coal.…