All the journalist had to do was read CarpeDiem and she would know that fracking SAVED the US economy.
America’s government may be closed, but its energy sector is open for business. We are overtaking Russia as the world’s largest oil and gas producer.
Other countries with large reserves of natural resources have governments that are functional, yet their institutions and technology limit their production. Russia’s Kremlin is open, Saudi Arabia’s King Abdullah reigns supreme, and Chinese president Hu Jintao has his country firmly under control.
But America is producing more oil because private sector brains trump government bureaucracy — and much of America’s oil is on private lands.
Despite delays over permits, the oil and gas industry has been able to outperform its foreign counterparts.
A huge "thank you" to the reader who sent me this link: thank you.
Much, much more at the link.
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