Fracking industry says fracking made you $1,200 richer last year

Posted by Grist: John Upton on September 6th, 2013
Grist: If you keep a close eye on energy news, you probably know by now that fracking for oil and natural gas is injecting $1,200 a year into the bank accounts of American households. Fricking awesome, right? Go on out right now and buy that 65-inch plasma TV on credit — you’re good for it. Because of fracking. Or maybe not. A new report [PDF] from consulting firm IHS CERA claims that fracking increased household disposable income in the U.S. by more than $1,200 last year, and that the industry supports......

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