US reserves of oil and gas are skyrocketing — with gas reserves increasing by the most in history last year, thanks to technology advances.

If oil prices remain high, our shale comes into greater economic play, and energy independence becomes nearly fathomable.  (Of course, it’s a very little-known fact that only a relatively small percentage of US energy comes from the Middle East — but lots from Canada, which is almost our 51st state.)

Giant fields were discovered off the coasts of Brazil and Africa, too.

Thanks to Ace of Spades.