-By Warner Todd Huston | Watchdog Arena
Hes is my second piece at the Watchdog…
Even as fracking finally came to Illinois, it came at the worst time in the market for oil. This advancement, however, was not made easily. Resistance to the measure was heavy, replete with tough regulations.
In 2013, after then-Governor Pat Quinn signed the bill authorizing fracking, many hoped that the new rules would bring much-needed jobs to a state with one of the worst economies and job climates in the country.
But in recent months the price of oil collapsed, making fracking operations inside the U.S. much less profitable. For Illinois, it has been nearly too late to cash in. Could Illinois have avoided being too late to profit off of fracking?
Things could have gotten off to a better start. The Democrat-led state legislature dragged its feet on regulations and implementation for over a year and a half. By the time regulations were finished, the boom was on the wane….
Read the rest here.
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“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson
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Warner Todd Huston is a Chicago based freelance writer. He has been writing news, opinion editorials and social criticism since early 2001 and before that wrote articles on U.S. history for several American history magazines. Huston is a featured writer for Andrew Breitbart’s Breitbart News, and he appears on such sites as RightWingNews.com, CanadaFreePress.com, Wizbang.com, and many, many others. Huston has also appeared on Fox News, Fox Business Network, CNN, and many local TV shows as well as numerous talk radio shows throughout the country.
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