Fracking Saved Americans $1.1 Trillion Over Past Decade

By Tim Benson – Re-Blogged From WUWT

A new report prepared by Kleinhenz & Associates for the Ohio Oil and Gas Energy Education Program shows increased oil and natural gas production from hydraulic fracturing  (“fracking”) has saved American consumers $1.1 trillion in the decade from 2008 to 2018. This breaks down to more than $900 in annual savings to each American family, or $9,000 in cumulative savings.

These savings come from the lower cost of natural gas due to increased production. According to the report, “natural gas as measured using the average Henry Hub price has declined from a 2008 high of $8.86 to an estimated 2018 price of $3.16.” For households in the lowest economic quintile, the bottom 20 percent, the lower price for natural gas amounts to a savings of 2.7 percent of their annual income. “This is equivalent to a raise of 2.7% for the poorest households,” the report states.

The paper singles out the states of the “Shale Crescent”—Ohio, Pennsylvania, and West Virginia—noting they are “responsible for 85 percent of the net growth in natural gas daily production over the past ten years and now [account] for nearly one-third of U.S. natural gas annual production.”

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Massive East Coast Solar Project Generates Fury From Neighbors

By Alex Pappas – Re-Blogged From Fox News

Michael O’Bier has lived here on a hidden piece of land nestled against thousands of acres of trees in rural Virginia for 32 years.

Now, the trees are gone and the 62-year-old O’Bier says he’s packing belongings into cargo trailers. That’s because the site of the largest proposed solar energy project on the East Coast could end up only 62 feet away from the side of his two-story home.

“I would have to leave,” O’Bier told Fox News on a drizzly afternoon this week, looking out over a field of already-cleared trees adjacent to his property. “I can’t live here.”

Climate Policy Refugees

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

h/t JoNova – News has emerged that a high level delegation from Pennsylvania quietly visited Australia this month, offering hard pressed Aussie businesses relocation packages and asylum from Australia’s insane green energy policies.

EAPI represents the average commodity price of retail electricity paid by Australian businesses based on a Standard Retail Contract (commences in 6-months and operates for 2½ years).

EAPI represents the average commodity price of retail electricity paid by Australian businesses based on a Standard Retail Contract (commences in 6-months and operates for 2½ years). Source Energy Action

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Georgia Rep. Advances Asset Forfeiture Reform

By Logan Albright – Re-Blogged From FreedomWorks

Georgia has become the latest in a long line of states looking to reform its civil asset forfeiture program. A growing number of people are apparently waking up to the common sense idea that the government shouldn’t seize private property from people when they haven’t been convicted of – or even charged with – a crime.

State Representative Scot Turner has introduced an extremely simple piece of legislation that would, with a single line change, effectively end the practice of civil forfeiture in his state. Turner’s bill makes mandatory the formerly optional ability of courts to suspend forfeiture during an ongoing trial. In other words, the government wouldn’t be allowed to take your stuff without convicting you.

Recently a large number of states have embraced the idea of forfeiture reform, and while only a couple have successfully passed legislation, it’s notable that Oklahoma, Pennsylvania, Wisconsin, Florida, and others are all talking about the policy’s flaws and the need for change.

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