The "100 year supply" is highly speculative, since we don't know what the demand will be in the future, and much of the known reserves will be quite expensive to exploit.
One thing is certain: Unless demand increases dramatically, the current drilling boom will soon collapse. Gas exploration is just not profitable at current prices. I own a share in four wells, two of them were shut down last month because they are no longer profitable, and I expect the other two to soon close. Gas prices are one-third what they were in 2008, and our production is way down as well.
I'm not saying that natural gas isn't going to be a huge source of energy in the near future. But it isn't a panacea for energy independence. That can only be achieved by a combination of solutions, including conservation and renewable energy.
As far as the coming election goes, it sounds like you're pretty happy with the direction things are going, so I can guess who you'll vote for.
Rolling Stone had an interesting article on the current gas boom.
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