RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: On a power trip: US rides energy wave Sat Jul 20, 2013 3:04 am | |
| A few years ago, when you headed from Bismarck in central North Dakota up towards Williston in the state's north-west, it might have seemed you were heading from nowhere to nothing. You would drive on empty roads by the badlands of the Theodore Roosevelt National Park and, if you missed the farming town of 14,000, you would hit Canada a few hours later.
Not any more. Williston is at the epicentre of a US oil and gas boom sparked by fracking technology that some economists believe will arrest the US's alleged decline and which the White House believes has already fundamentally altered global geopolitics in the US's favour.
The Wall Street Journal declared the nation to be Saudi America.
Now the traffic starts to snarl 80 kilometres out of town. The roads are crumbling under the weight of prime movers, construction and drilling vehicles and, when you hit a rail crossing, you can sit for 10 minutes while a laden goods train groans by.
Read more: http://www.smh.com.au/world/on-a-power-trip-us-rides-energy-wave-20130719-2q9rd.html#ixzz2ZZD85D3A |
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