Fracking And American Progress

on March 08, 2016 at 2:00 PM

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

You know, because of the broad benefits of the U.S. energy revolution – including higher domestic production, more energy security, lower costs for consumers and manufacturers – energy as an issue hasn’t been the kind of election-year focal point it might be if the country instead was staring at energy scarcity, higher costs and growing insecurity in the world – basically, America’s energy reality before the shale energy revolution launched by safe hydraulic fracturing and modern horizontal drilling.

That’s fine. We gladly welcome the new energy reality: America as the world’s No. 1 oil and natural gas producer, consumers with more disposable income thanks to lower gasoline and energy costs and businesses looking to locate and expand in the United States because abundant, more affordable energy.

This new American energy reality is what made negative talk about fracking during Sunday night’s Democratic presidential debate – Vermont Sen. Bernie Sanders voiced unequivocal opposition – more than a little off-key.

Unassailable is the fact that the U.S. finds itself in stronger positions – in terms of energy, economics and global security – largely because of safe and responsible fracking. Consider:

Safe fracking is a key engine driving America’s new prosperity and security. This prosperity, this opportunity, is benefiting communities – especially in states like Colorado, Pennsylvania and Ohio (all key battleground states this year), supporting more than 2 million jobs, boosting the economy and providing individual households an additional $1,200 in disposable income, thanks to lower energy costs. Candidates talk about creating incentives for manufacturing. They should start with policies that ensure the continued availability of affordable domestic energy, which is literally fueling an American manufacturing resurgence.

Fracking also is central to current U.S. world leadership in reducing CO2 emissions – through increased used of cleaner-burning natural gas, which, again, is also lowering energy costs for consumers:

emissions

In all of these ways, fracking represent American progress that should not be wasted – progress for consumers, for America’s security and for the environment. Rejecting fracking would mean retreat for the United States on each of those fronts. Louis Finkel, API executive vice president for governmental affairs:

“The American people understand that shutting down U.S. production would make the United States less competitive, more reliant on foreign sources of energy and disrupt the geopolitical advantages that hydraulic fracturing delivers to our allies abroad. U.S. leadership and those on the campaign trail are accountable to the American people, and U.S. consumers would be hurt by such anti-consumer policies.”

Let’s not squander the American energy opportunity, created and being advanced by safe hydraulic fracturing and horizontal drilling. In this election year, Americans should learn more about energy policy and the ways their votes can influence that policy here, at Vote4Energy.com.

By Mark Green 

Originally postedMarch 7 2016

Energy Tomorrow is brought to you by the American Petroleum Institute (API), which is the only national trade association that represents all aspects of America’s oil and natural gas industry. Our more than 500 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry. They are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support all segments of the industry.