Fracking..........................

Walter Russell Mead notices the true up-side to hydraulic fracking:

The sweet scent of cheap gas is luring manufacturing back to the United States. 

American government got out of the way of innovative drilling companies and allowed the shale boom to take off. Europe took the opposite tack, choosing to stick to its green policies and snub shale. As a result, natural gas prices in the US are a quarter of what they are in Europe. And as industry departs, unemployment in the Euro zone is hitting a record high. That’s yet another failure that can be laid at the feet of Europe’s greens.

Full post is here.  Other recent Mead fracking posts here, here, and here.  Now if they can just figure out a way to recycle and clean the waste water.........