The U.S. oil industry is only too happy to fill the void OPEC deliberately created by attempting to raise crude oil prices.

The New American is not in the habit of making predictions, but these two are a slam-dunk: lower gas prices, and further fading away of OPEC's influence over them.

Fracking and the Rule of 72 are working in concert, driving the United States toward world energy domination.

U.S. crude oil production will soon overtake that of Saudi Arabia, thanks to George Mitchell finding how to extract oil and gas from shale.

Oil traders' excessive bullishness should be a red flag, because production forecasts don't equate with near-term shortages.

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