Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Might Fracking Save the Gop? Republicans Haven't Done Anything That Robust Economic Growth Couldn't Fix, Argues Political Consultant Ed Rogers

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Might Fracking Save the Gop? Republicans Haven't Done Anything That Robust Economic Growth Couldn't Fix, Argues Political Consultant Ed Rogers

Article excerpt

Could the energy boom save Donald Trump and the GOP in the 2018 midterm elections?

No. But it could help produce the kind of robust economy that would buoy incumbent Republicans a year from November.

The energy boom is real, and it is here to stay. (Disclosure: My firm represents oil and gas companies.) Energy production produces good jobs and low gasoline prices pump billions of dollars in cash into the economy, in real time. And with President Trump directing large-scale deregulation, the anti-business climate in Washington is coming to an end - and the resulting energy boom is certain to make a difference in today's economy.

Remember, at the end of the day, it is the economy that affects elections. Despite the recent wave of seemingly endless distractions and showstopping unforced errors, Mr. Trump and the Republicans in Congress still do not have any problems that 4 percent gross domestic product growth would not go a long way toward solving.

The good news is the benefits of robust American energy production are just beginning to be realized. As Stephen Moore of The Heritage Foundation explains, "Since 2015 when Republicans and Congress passed a law ending the oil and gas export ban, the U.S. has exported more than 150 million barrels of crude." And due in part to Mr. Trump's outlook for U.S. energy dominance, "we are now building liquefied gas terminals that will lead to sharp increases in exports of our abundant natural gas."

Let's not forget, the entire fracking revolution occurred while President Barack Obama wasn't looking. Had he been paying attention, he would have been against it. After all, Democrats hate oil and gas. They even make a point of advertising that much on the campaign trail.

And today, as the Democrats march even further to the left, they continue to call for the "decarbonization" of the American economy despite the obvious benefits resulting from explosive energy production and exports and oil- and gas-related jobs. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.