The Secret Energy Revolution. Why U.S. Oil Imports Are Falling

Two lengthy analyses report that the world is about to be awash with fossil fuels coming from deeper wells, new oil and gas fields, energy released by the shale fracking process, and retrieval of fuel from wells considered to have been depleted. The International Institute for Strategic Studies released "U.S. Need for Foreign Oil Falls Dramatically" in which the IISS writes, "From their peak in 2006, imports have fallen 40% as a result of declining demand and strong growth in domestic production of liquid fuels.... Rising production of liquid fuels in the United States accounts for 60% of the fall in U.S. oil imports since 2006 and nearly 100% since 2010."
Pacific Standard reports "we are entering a new age of fossil fuels... Every time we think we’re starting to run out of it, new technologies arise that find us more." Pacific Standard's editor Vince Beiser surveys the discoveries from "the Arctic to Africa" and reports on the new technologies of "nanoengineered materials, underwater robots, side-scanning 3-D sonar, specially engineered lubricants" that are "opening up titanic new supplies of fossil fuels." The dynamics of abundant fuel supplies will be a catalyst for major geo-political shifts.