New Area of Prosperity Awaiting America

There is a significant development happening right here in America. They call it 'oil boom'! The country is on the verge of becoming energy independent for the first time ever in its approximately 300-year history of existence on the world map. With my still limited view and understanding of economics and politics, the fact that America no longer relies on foreign oil has so many implications for the country itself and for the world in general. The U.S. economy will save hundreds of billions of dollars per year in oil imports and that money will flow back into the economy and benefit U.S. corporations as well as U.S. households. In addition, the country now won't have to wage wars for oil in the vulnerable Middle East region which has traditionally been hostile to its interests. Potentially less U.S. involvement in Middle East will certainly shift the global geopolitical landscape and I can't wait to see how that will play out in the next few decades. Oil has become one of the backbones of the U.S. economy since the dawn of the modern area and its quest for more oil has only grown bigger over the years. Now thanks to the technology called 'fracking', the country's dream of energy independence suddenly becomes within reach. I can't think of a bigger trend since World War 2 than this. Some people may argue that the invention of computers in the 1980s and the ensued digital age might be more significant but I will leave that argument to academics and politicians. All that matters to me personally is how I can take advantage of this knowledge. I think the stock market may be on the crush of a boom cycle like in the 1990s and if this turns out to be true, my Lord there's a lot of money to be made for investors. God bless America!