The Hill News

As the debate continues over the best way to create jobs in America, Democrats continue to claim that increasing energy costs through regulation will create opportunities in the “green” economy. This argument fails to realize that with the advent of the natural gas revolution, job creation is already taking place. Not only are jobs created in the extraction of natural gas resources, but manufacturing opportunities are now available to a wide variety of industries due to lower fuel prices. Residents are even noticing lower energy bills to heat and power their homes. Cheaper energy prices are in fact the pathway to the revitalization of the US economy, and encouraging its development is the best way to get Americans back to work. 

The Department of Energy has released revised estimates of natural gas reserves which show an increase of almost 62 percent over the last ten years. These new reserves are cheaper to extract due to the lowered costs and increased ! productivity of hydraulic fracturing, or fracking. Since the last quarter of 2009, there have been almost two hundred thousand jobs created directly from the exploration and mining of natural gas. This in turn has contributed to the creation and stability of hundreds of thousands of related jobs in other sectors.

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