In 2012, the energy boom supported 2.1 million jobs, added almost $75 billion in federal and state revenues, contributed $283 billion to the gross domestic product and lifted household income by more than $1,200, according to the report released today from IHS CERA. The competitive advantage for U.S. manufacturers from lower fuel prices will raise industrial production by 3.5 percent by the end of the decade, said the report from CERA, which provides business advice for energy companies.
The United States needs to produce its own energy. Fracking helps facilitate American energy independence while also directly creating jobs, supporting other industries, and saving working families money on their energy bills.
The groups that oppose fracking must concede that if we were to meet their demands and stop developing our own energy here in the United States, we must also have higher energy costs, less jobs, and less money in our pockets.
Instead of knee-jerk opposition, the anti's should support American energy while demanding safety, security, and environmental protection.