Is Pennsylvania the New Saudi Arabia?

Mark Perry, Steve Hayward and Rich Kalgaard have had pieces recently on the bounty of natural gas from shale formations that offers incredible potential for abundant, clean(er), and affordable domestic energy to power our homes, businesses and vehicles not to mention offer tens of thousands of jobs. Most talked about in energy discussions is the Marcellus shale. By all accounts the Marcellus is a monster deposit of energy. But could it be just a piker compared to what lies right next to it...?? These things usually come in multiples (Tupi in Brazil is merely a giant in a neighborhood of giants) so it wouldn't be outlandish to discover that Marcellus lies just next to equally large deposits. The economic benefits should be obvious but the geopolitical implications are much larger. If we exploited these resources to their fullest potential we could make a monstrous dent in the geopolitical standing of the petro-jackassauri in Iran, Saudi, Venezuela. Ah, a boy can dream!