A new study from The London School of Economics (LSE) reveals that fracking is good for American jobs.
More from LSE:
We document that output in energy-intensive sectors expands significantly with the widening of the natural gas price gap. Consistent with that observation, we show that the energy-intensive sectors absorb more capital (measured by capital expenditure decisions as a proxy) and labour (captured by employment) in order to produce this additional output.
Translation: fracking creates American jobs and makes American businesses more efficient.
Of course, the Environmentalist Left is rarely an advocate for jobs – if those jobs get in the way of their radical agenda. A fracking ban, which Bill McKibben and Tom Steyer support, would cost nearly 15 million jobs by 2022.
Even vanquished Democratic presidential Hillary Clinton said fracking opponents need to “get a life.”