Fracking Creates Non-Fracking Jobs
No less than the respected business publication Barron’s is calling “fracking” one of the top news stories of the past year. Fracking continues to improve the lives of the many folks who work in the oilfields while improving the energy picture not only for the United States, but the world. And now, as Barron’s reports, fracking creates non-fracking jobs as it allows companies to use energy more inexpensively. So inexpensively, in fact, that companies that had been conducting manufacturing overseas where labor is cheaper than in the U.S. are considering moving their operations back to the states. Cheaper energy costs to operate plants and equipment is offsetting the higher labor costs presented in the U.S. Natural gas is becoming more and more abundant, thanks to fracking, as it continues to replace coal and other energy fuels that had been dominant in manufacturing environments. In addition, natural gas is a “cleaner” fuel than coal, so while the anti-fracking crowd might complain about fracking’s alleged negative impact on the environment, it can’t argue that increased natural gas use is somehow also detrimental to the planet. Fracking: creating vast numbers of jobs in the oilfields, indirectly increasing the numbers of U.S.-based manufacturing jobs, and helping to lower greenhouse gases. Only a dedicated anti-fracking zealot would be upset about the fracking boom.