Energy is the backbone of the American economy, and of the whole world, really. Without reliable, cost-effective sources of energy, all the economic systems in the world would eventually grind to a halt. For many years, the biggest point of contention in the United States, particularly when it comes to foreign policy, is based around the production or securing of cheap, plentiful energy sources. The American involvement in the Middle East is the most pointed example of this, with several conflicts even over the past two or three decades being motivated by the strategic placement of oil reserves in the region.
With new innovation and technological advancement, American energy companies have been able to turn the tables, so to speak, over the past few years. The rapid growth of hydraulic fracturing, along with the discovery of large oil reserves within the territory of the United States has allowed the country to evolve out of its status as an energy importer, and into an exporter role. States like North Dakota, with its Bakken shale formation, have been major areas of booming growth, creating thousands of jobs along with untold wealth for extractors. The tax revenue headed to the state’s capital of Bismarck is also quite attractive to other states, who have begun exploring their own land for energy production potential.