Inside the White House with D.C.'s most wired reporter. Sign up for Mike Allen's Axios AM.


The drawbacks to U.S. energy dominance

"The Dark Side of America’s Rise to Oil Superpower" from Bloomberg Businessweek: "America is on pace to become the world’s biggest oil producer. ... With shale surging, U.S. imports of Saudi oil plunged to a 30-year low. When OPEC cuts production to raise prices, shale drillers can boost output, undermining OPEC. Biggest loser to keeping prices low is likely Russia."

Why it matters: "U.S. energy dominance isn’t all that and a bag of chips, particularly since climate change repercussions will only get more expensive and the political influence of erratic petro-states will still persist."

More stories loading.