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Lower Oil and Gas Prices Help Families in Dallas and Beyond Save $1200 a Year


Posted on September 11th, by FrannetDFW in Blog. No Comments

gasdrillingGreat news from the Wall Street Journal: Families in Dallas and all over the United States could save up to $1200 a year due to new drilling technology.

The Article:

Surging U.S. oil and natural gas production in unconventional energy plays using horizontal drilling and hydraulic fracturing has helped the average American household gain $1,200 a year in disposable income.

The Wall Street Journal said that’s according to the research firm IHS, which looked solely at such methods as horizontal drilling and fracking in a study that was partially paid for by the American Petroleum Institute, National Association of Manufacturers and other industry groups that benefit from increased energy production…

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