Activist Post
The economics of oil or natural gas hydrofracking are seldom analyzed from the perspective of the American consumer. Most discussions focus upon the investment opportunities of specific companies, royalties to leaseholders, windfall tax revenues that state governments will benefit from and the bonanza that local communities will enjoy from the added business activity. Missing is a clear understanding of the pricing points and factors that will determine the actual selling charge and total all inclusive retrieval costs in the domestic market. Will the price of energy drop precipitously, or will the net effect be that the native end user sees no direct benefit from the rush to drill?
The environmental risks of the fracking process are real.
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