When a state’s economy saves $60 billion from one industry, it’s best to keep that industry afloat. It is important that Texas policymakers ensure that a booming industry doesn’t take a large hit.
“Texas is the country’s leading producer of both natural gas and crude oil. This massive increase in domestic shale development, led by fracking, has caused natural gas prices to plummet in Texas, saving state residents and businesses more than $60 billion from 2006 to 2016, according to a 2018 study from the Consumer Energy Alliance.”
Read more – The Heartland Institute