What Hath Fracking Wrought

From AEIdeas comes one indication:

AEIdeas summarized the circled section:

In 18 of the last 19 months starting in December 2015, the energy share of consumer spending has been below 4% marking a historic period of the most affordable energy in US history (annual data on energy spending back to 1929 confirms this).

That’s evil oil and gas for you—making our lives easier and making that ease cheaper.

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