Ending Hydraulic Fracturing Will Sabotage America as Energy Prices Soar
by Dr. Jay Lehr and Tom Harris | Jun 15, 2021 | Climate Change, Politics
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The amazing technology of hydraulic fracturing, also known as “fracking,” has been a huge benefit to the United States and, indeed, the whole world. It has boosted employment, kept energy prices relatively low, and largely as a result of the hydraulic fracturing revolution, America became the world’s largest oil producer. Better yet, in 2019 and 2020, for the first time since 1952, hydraulic fracturing helped the U.S became a net total energy exporter, thereby making a major contribution to our national security.
Isaac Orr, Policy Fellow for Energy and Environment at the Center of the American Experiment, explained in March 2020:
“The 3.9 million jobs currently supported by fracking take the form of direct jobs in the extraction industry, indirect jobs in the supply chain, and induced jobs [in] local hardware stores, restaurants, car dealerships, and bakeries.”
Dr. David Wojick, an independent analyst, working at the intersection of science, technology, and policy, outlined the impact of hydraulic fracturing on energy prices:
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