The Obama Administration's Natural Gas Policy Is Tragically Misguided

I agree with Martenson's assessment.  Exporting natural gas may be profitable short-term, but it mortgages America's future.

The North Sea oil boom has been beneficial to Norway, because they have been methodically and strategically extracting oil at a pace to maintain the country's positive balance of trade, while keeping Norway solvent and still full of crude oil reserves.

The British, on the other hand, have exploited their natural resources by pumping out so much oil so fast that they have depleted their golden goose.  The outcomes are completely disparate:  a prosperous nation vs. a broken one.

http://www.peakprosperity.com/blog/81839/obama-administrations-natural-gas-policy-tragically-misguided