Modern fracking — horizontal hydraulic fracturing — combines two technologies in a way that only a few decades ago would have sounded more like witchcraft or alchemy than a viable business proposition. It was devised in the late Nineties by Texas entrepreneur George Mitchell, the son of Greek immigrants (his father had been a goatherd), who set out to solve a seemingly impossible problem: how to make the richly abundant but apparently inaccessible pockets of gas trapped in America’s shale formations economically viable. Read Full Article »
The Democrats are Fracking Insane
What
could be more emblematic of the American Dream than fracking, the miracle technology that has created thousands of real jobs, lowered the cost of living, generated wealth and prosperity, boosted competitiveness and helped make the United States not just energy independent, but a net exporter of natural gas and petroleum products for the first time in decades? And what could be more characteristic of the elitist, small-minded, anti-market, anti-blue-collar, anti-growth, green-obsessed liberal-left than that the Democratic party is hell-bent on banning it?
Modern fracking — horizontal hydraulic fracturing — combines two technologies in a way that only a few decades ago would have sounded more like witchcraft or alchemy than a viable business proposition. It was devised in the late Nineties by Texas entrepreneur George Mitchell, the son of Greek immigrants (his father had been a goatherd), who set out to solve a seemingly impossible problem: how to make the richly abundant but apparently inaccessible pockets of gas trapped in America’s shale formations economically viable. Read Full Article »
Modern fracking — horizontal hydraulic fracturing — combines two technologies in a way that only a few decades ago would have sounded more like witchcraft or alchemy than a viable business proposition. It was devised in the late Nineties by Texas entrepreneur George Mitchell, the son of Greek immigrants (his father had been a goatherd), who set out to solve a seemingly impossible problem: how to make the richly abundant but apparently inaccessible pockets of gas trapped in America’s shale formations economically viable. Read Full Article »
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