US on verge of energy independence?

A paradigm shifter?

A few weeks ago I asked, Would natural gas vehicles make sense?

According to an interesting Telegraph piece regarding last week’s World Gas Conference in Buenos Aires, the answer is, yes.

Because the technologies for extracting gas from shale and methane beds have evolved much faster than anyone was anticipating, the US – and its large natural gas supplies – is expected to reap huge rewards, while Europe should become less dependent upon Russia.

Consequently, writer Ambrose Evans-Pritchard claims “we may soon be looking at an era when gas, wind and solar power, combined with a smarter grid and a switch to electric cars returns the country to near energy self-sufficiency.”