When President Obama’s regulatory apparatus takes the side of environmentalists against the workers and consumers who must bear the consequences of his decisions, his green enforcers are usually the U.S. Department of the Interior or the Environmental Protection Agency. In the rare instance, as with the Keystone Pipeline, it is the State Department that delivers the crippling blow. But where these agencies have failed to inflict sufficient damage on one of America’s fastest-growing industries, the Department of Transportation has stepped forward, cudgel in hand.
Since Obama’s inauguration in January 2009, overall employment in the U.S. has declined. In domestic oil and gas extraction, however, it has grown by 19 percent. With just under 200,000 employees, it is not one of America’s largest industries, but it has helped take the edge off the lack of employment opportunities available in the Obama recovery. Thousands of jobs in other industries have sprung up in the oases that oil and gas have created, bringing rural ghost towns back to life. The reason is hydraulic fracturing or “fracking” technology, which has made vast amounts of natural gas profitably accessible, even at today’s low natural gas prices.
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