What BS. Energy demand will grow with supply. China and India will remain has major importers and their economies will rapidly grow with cheaper energy.
Developing countries with oil will be able to divert more of their energy supplies to domestic use..this is a net win for everybody. Fracking rules.
You are right - the Times is doing what liberals always do, which is running every scenario through a zero sum game mentality (not to mention the America is always wrong mentality too). No other way to reach their absurd conclusion.