Millenium Wave's John Mauldin - Unconventional Energy Is Our Way out of Dual Deficits
- America needs to reduce both the trade and fiscal deficits.
- The most obvious way to get this done is through the unconventional oil and gas boom.
- According to Jeremy Grantham, half of the growth in the economy is going to come from this unconventional boom.
- If we got really aggressive with oil and gas drilling it could add a full percent to GDP per year.