America is a fracking cornucopia of crude oil, independent of the rapacious OPEC cartel. And has an inexhaustible supply of natural gas, putting us in a position to become a major exporter able to use its gas reserves as a geopolitical weapon. Take that, King Abdullah and Vladimir Putin. Too good to be true? You bet.

Oil prices are still set in world markets, fracking oil is too light and too sweet (low in sulfur) for use in U.S. refineries, infrastructure to get fracked oil from well to refinery is inadequate. So we continue to be major importers of crude oil, dependent on unstable regimes for steady supplies at tolerable prices.