U.S. Fracking Lowers Gasoline Prices by Nearly $1 per Gallon!

Do you like paying nearly a buck per gallon less for gasoline now over what you were paying a year ago? Yeah, we do too. But little did we know that the primary reason gas prices are so much lower is thanks to fracking! A new report released last week by the American Petroleum Institute (full copy embedded below) shows that horizontal drilling and hydraulic fracturing, which are now responsible for 48% of all U.S. oil production, shaved up to $0.94 per gallon from fuel prices in 2013. How cool is that?…

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