By around 2011, the Obama administration bought the idea that shale was 'the fix,' believing shale would solve American energy dependence on the Middle East, which led to the decision to sanction Iran, believing they could afford to do so without oil prices spiking.
factualpending
Speaker
Helen ThompsonEvidence Quote
“by the time that Obama's been in office a couple of years, by 2011 probably, the people in the White House with him buy this idea that shale is the fix.”
Source
Helen Thompson: "The Complex History of Energy and Geopolitics" | The Great Simplification #98— Nate HagensCreated: 8/12/2026, 6:08:12 PM
My Notes
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