Energy Secretary Rick Perry said it makes sense to renegotiate the North American Free Trade Agreement, in part because of the enormous new supply of U.S. oil and gas locked in once-inaccessible shale rocks.
Oil demand is forecast to keep rising until 2040, with natural gas growing by a sharp 40 percent. U.S. set to become the undisputed leader in crude and gas production.
As the price of oil rises, an international rush is on for Mexico's untapped deep-water riches.
The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted.
By Navy Veteran in FL: "Producing energy resources like natural gas is of the utmost importance in maintaining the security of this country."
U.S. crude oil production hit an all-time high last week, according to preliminary government data, in another sign of the resilience of American shale drillers.
Video on Bloomberg.com explains the process of hydraulic fracturing.
A House Republican leader introduced a comprehensive bipartisan energy bill on Friday that would open up financial incentives for states that allow energy development off their shores.
In a little over a month's time, the Federal Energy Regulatory Commission is due to make a decision that could fundamentally alter the way that energy markets operate in much of the United States.
Recently, a bipartisan group of 84 members of Congress signed a letter to Attorney General Jeff Sessions asking if violent acts directed towards energy infrastructure, like recent attacks on pipelines, fall under the current definition of domestic terrorism.
