Oilmen say that new drilling techniques will open up new American oil fields that by 2015 will produce 2 million barrels a day, or as much as the entire Gulf of Mexico produces a day right now.

And notice that it was not government that did this, although I have no doubt that government will try as hard as it can to slow or halt the development of this new resource.

And that couldn't come soon enough as Saudi oil reserves may be overstated by as much as 40%! Arabs lie about something? Well that's certainly never been heard of before.