The dramatic, almost unbelievable, increase in crude oil and natural gas production in the United States has many positive implications for the job creation, the economy in general and national security. Petroleum economist Karr Ingham pointed out recently that employment in the oil and gas industry in Texas has doubled in the last 10 years from 134,500 in 2003 to 285,000 in 2013, an increase of 112 percent. –

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