Thought Piece

This article adds some real texture to the recent Houston oil “flood,” which is a double entedre with a reminder of the remarkable recovery of Houston after the recent flood. While U.S. Oil is an important part of the Shale Revolution, the other two large revenue streams can’t be ignored.

American liquid natural gas (LNG) is being welcomed by almost all foreign markets with opened arms: In fact, China has declared that they are transitioning to cleaner natural gas , in spite of having enormous coal deposits, in order to reduce pollution and emissions in its major cities.

Finally, thanks to Shale, an enormous supply of cheaper feedstock has also hit the world markets for the manufacture of plastics and other significant by-products. In the less developed regions, plastic containers represent the only sanitary way of providing food and water to their people.

Texas flood: U.S. oil exports pour into markets worldwide