Dear Self-Reliant Thinker,
Science or Politics?
Fracking
has been painted as the bad guy in the energy debates occurring on
Obama's watch. That's despite the cheap power it provides for
households, the independence it provides against mega-oil producers like
Saudi Arabia and Russia, and the massive amount of income it generates
for participating states, workers and the nation.
As
the Saudis and OPEC colluded to drive the U.S. oil and natural gas
industry out of business, the ever-resourceful drilling industry
responded by becoming more and more efficient. OPEC thought they could
drive the U.S. out of the oil business. They were very wrong.
Right
now, in some Texan oilfields producers can drill oil for around $2 a
barrel. Game over. We won. OPEC blinked and cut back on production to
stabilize their prices.
While
the free market has been doing its part to help the economy, Obama's
EPA has fought fracking at every step, including a five-year, $29
million Environmental Protection Agency study into water purity.
Read about it yourself to see if it was worth it!
Click here to learn more
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