The Rising Influence of Rising Affluence

[DewDiligence]

From the same WSJ opinion piece:

…America's interest has been less about "cheap" oil than in suppressing price volatility—volatility in a crucial industrial input being the enemy of global stability. But this won't change. No matter where our oil comes from, the price will be governed by the global market.

There’s a lot of work to be done, but the growth of LNG will make the above premise increasingly apply to natural gas too.