Yesterday I filled my car with gas and paid $3.06 a gallon. Just this past spring I paid 4 bucks a gallon. Why the drop in gas prices? There are many diverse factors that go into determining the price of oil, but certainly one of the primary factors is a thing called "fracking." Fracking is the technique used to extract petroleum from shale rock. There are many goups around the country that are vehemently opposed to fracking and are fighting to stop it. Who can blame them? It's those damn evil, greedy oil companies looking to screw us again. Let me list the horrors created by fracking.
1. The US has become the world's leading producer of liquid petroleum products, beating out the Saudis. We have gone from producing 8 million barrels of oil a day, to 12 million barrels a day.
2. True to the laws of supply and demand, the increase in oil has brought the price of gasoline down, putting more money in the pockets of working people.
3. Fracking has created thousands of good paying jobs. Not minimum wage jobs, but jobs paying 30 dollars an hour and up.
4.We have become less dependent on foreign oil, thereby keeping more money in the US, while creating more jobs.
5. We are sending billion of dollars less to the Middle-East, where some of that money ends up in the pockets of Islamic terrorists who have vowed to destroy our country.
I know...right? Fracking is a terrible idea. What happened to the good ole days when we paid 4 dollars a gallon for gas?
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