 |
Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 21 hours | 75.43 | -0.25 | -0.33% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 4 hours | 70.42 | -1.17 | -1.63% | ||
|
Gasoline • 5 hours | 2.593 | -0.020 | -0.75% |
|
Bonny Light • 21 hours | 75.43 | -0.25 | -0.33% | ||
|
Girassol • 21 hours | 78.21 | +0.01 | +0.01% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 20 hours | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 20 hours | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 20 hours | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 20 hours | 65.14 | -1.24 | -1.87% |
|
Eagle Ford • 2 days | 67.77 | -1.24 | -1.80% | ||
|
Oklahoma Sweet • 2 days | 67.75 | -1.25 | -1.81% | ||
|
Kansas Common • 4 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 8 days | 76.40 | +1.64 | +2.19% |
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Fracking is Worth Over $100 Billion a Year to US Consumers
Energy production is one of the few bright spots in the American economy. A back of the envelope cost-benefit calculation from a Yale-associated group estimates that recent increases in shale gas production have been worth just over $100 billion annually to US consumers. In comparison, the authors estimates that groundwater contamination costs $250 million per year, a 400 to 1 benefit to cost ratio.
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