Nonpartisan Brookings Research Finds Huge Benefits from Fracking

The nonpartisan Washington, DC-based think tank the Brookings Institution recently published a detailed paper on the enormous benefits of shale gas to American society as a whole. Titled “Welfare and Distributional Implications of Shale Gas” (full copy below), the research paper finds that the average American household that burns gas now saves $200 per year on the cost of that gas, a cumulative economic impact of adding $13 billion more in disposable income into the economy. In fact, as of 2013, Brookings finds the “fracking revolution” as they call it, has improved the economic well-being of consumers a staggering $74 billion per year. All because of the miracle of fracking…

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