"

Unleashing our full energy potential in this country will lead to robust job growth and expansion in every sector of our economy. (Source)

Secretary of Energy Rick Perry

FRACT. With oil and natural gas touching all aspects of our lives, expanding domestic production ensures energy savings, job growth, and increased revenue for Texas. For example, with lower gas prices thanks to fracking, U.S. households saved an average of $1,000 last year. Additionally, the abundant oil and gas resources being produced from shale plays have resulted into significant investment in energy producing regions around the country. Just this year, ExxonMobil announced a $20 billion dollar initiative in the U.S. Gulf Coast to build new petrochemical and liquefied natural gas facilities which is set to support 45,000 jobs. 

Share on Facebook Share on Twitter