{"id":4239,"date":"2011-10-23T20:32:04","date_gmt":"2011-10-24T02:32:04","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=4239"},"modified":"2011-10-23T20:32:06","modified_gmt":"2011-10-24T02:32:06","slug":"world-power-swings-back-to-america","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=4239","title":{"rendered":"World power swings back to America"},"content":{"rendered":"<p><a href=\"http:\/\/www.telegraph.co.uk\/finance\/comment\/ambroseevans_pritchard\/8844646\/World-power-swings-back-to-America.html\">Ambrose Evans-Pritchard:<\/a><\/p>\n<blockquote><p><i>The American phoenix is slowly rising again. Within five years or so, the US will be well on its way to self-sufficiency in fuel and energy. Manufacturing will have closed the labour gap with China in a clutch of key industries. The current account might even be in surplus.<\/p>\n<p>Assumptions that the Great Republic must inevitably spiral into economic and strategic decline &#8211; so like the chatter of the late 1980s, when Japan was in vogue &#8211; will seem wildly off the mark by then.<br \/>\nTelegraph readers already know about the &#8220;shale gas revolution&#8221; that has turned America into the world\u2019s number one producer of natural gas, ahead of Russia.<\/p>\n<p>Less known is that the technology of hydraulic fracturing &#8211; breaking rocks with jets of water &#8211; will also bring a quantum leap in shale oil supply, mostly from the Bakken fields in North Dakota, Eagle Ford in Texas, and other reserves across the Mid-West.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Ambrose Evans-Pritchard: The American phoenix is slowly rising again. Within five years or so, the US will be well on its way to self-sufficiency in fuel and energy. Manufacturing will have closed the labour gap with China in a clutch of key industries. The current account might even be in surplus. Assumptions that the Great [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,39,29,33,40,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4239"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4239"}],"version-history":[{"count":1,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4239\/revisions"}],"predecessor-version":[{"id":4240,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4239\/revisions\/4240"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}