Meanwhile, America has recently reversed a steady decline in domestic gas production, thanks to new technology that allows firms to tap previously inaccessible gas trapped in coal, shale and some types of sandstone.

ECONOMIST: Liquefied natural gas

There's a solution to Iran's looming energy crisis: Bring in foreign capital and technology to boost oil and gas production.

FORBES: Magazine Article

There is a solution to Iran's looming energy crisis: Bring in foreign capital and technology to boost oil and gas production.

FORBES: Running Dry

But not only did the Obama Administration not do anything to enable the technological breakthroughs that produced these results, it has actually fought increased oil and gas production every step of the way, and has continually threatened the fracking technology that has made the sharply increasing American production possible.

FORBES: President Obama's State Of The Union Confusion And Deception

On trade the best he can do is suggest that thanks to so-called fracking technology, the United States is about to stage a comeback in oil and gas production.

FORBES: American Decline: More Wishful Thinking from the Naysayers

It treats the wastewater more effectively, and doesn't have any of the environmental drawbacks of that technology, such as production of unwanted hydrogen sulfide or possible release of methane, a potent greenhouse gas.

ENGADGET: Researchers create super-efficient microbial fuel cell, dream of selling excess electricity

And it stands to reason that if the Obama Administration dropped its hostility to oil and gas energy, even more jobs would be created as the industry invested to exploit other areas with new technology and production methods.

WSJ: Review & Outlook: The Non-Green Jobs Boom