2015 Is America’s Year

 

For as far back as I can remember people have always been talking about how China will be bigger than the United States. In 2014 China was predicted to take over as the world’s major economy. 2014 has left an impact on China, the Hong Kong protest have shown that change is coming to China. 2015 will be different though.

 

In the last few years there has been an energy boom in the United States. For the past 40 years the US has be at the mercy of OPEC and other energy producing countries. Now the United States has a chance to be truly energy independent. With falling oil price America is set to take the world stage as the major economic power once more.

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America Definite to the End

Oil price are seeing the lowest prices in years. The reason behind this not that OPEC is slashing prices. It’s the US energy boom. Fracking is leading the way for America’s comeback as an energy producer. Since the1970’s OPEC has played a huge role in how oil prices.

 

America is coming back as a country that doesn’t need to rely on foreign oil. This has led to lower oil prices. The real issue is why isn’t OPEC trying to increase their profit? Some ideas are that OPEC is trying to push the Frackers out of business. Fracking as lead America to become energy independent once again. Fracking is also every expensive, Compared to drilling that is done in the Middle East. By lowering the prices OPEC hopes to push out Frackers completely. OPEC sees America as the biggest threat to OPEC control over the energy market.  

 

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