https://www.reuters.com/article/us-c...-idUSKBN1DV3NF
https://www.rt.com/business/411524-c...it-discovered/
I guess this means consumer goods might come down even further in price, and possibly, even fuel prices if they give the Middle East a run for their money. The US geo-political and geo-strategic betting on the Middle East may also be slapped in the face.
Down side - our LNG exports to China may be impacted greatly. I don't know anything of the geology of crude oil so can only speculate. And then the environmental impacts... and also potentially less reliance on alternatives etc
Heck, telescope prices may drop further still!