FRACKING lifted the average household income by more than $1,200, according to a report by IHS CERA, a pro-industry company.
The benefits include a $75 billion boost in federal and state tax revenues, support of 2.1 million jobs, and a $283 billion increase overall to the economy.
The gas from fracking has reduced energy prices overall by 3.5 percent, the report said.
That is good news, but concerns about public health and the environment should be monitored.
But there also are risks to not fracking, which include fewer jobs, smaller tax revenues, a worse economy and continued dependence on overseas despots for oil.
Just as businesses must be held accountable for their actions, those who criticize businesses need to be held accountable for their calls for inaction.
The status quo is not good enough.
AS he prepares to seek congressional approval of bombing Syria, unlike his bombing of Libya and Yemen, President Obama does what President Bush did 10 and 12 years ago in Iraq and Afghanistan, respectively.
While those operations were larger, it is interesting that President Bush went beyond Congress. He received U.N. resolutions favorable to his actions as well as lining up allied support.
Bush succeeded in getting NATO to launch its first non-European operation in Afghanistan.
Then there was his Coalition of the Willing, more than 40 nations large and small that helped the United States in Iraq.
Bush had the backing of other nations. While Obama talks of smart diplomacy, he has no such coalition.
That is not very smart.