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Former Shell Oil CEO John Hofmeister on the benefits of fracking and growth in oil production for the U.S. economy.
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Hasn't this been really unlocking.
An economic juggernaut.
It in for so many families across the country.
It can revitalize the entire economy Gerri we could be on a wave of new prosperity.
For the -- every -- people not just rich people everyday people because of the job creation potential.
Of domestic energy resources and if we turn natural gas in the transportation fuel.
Wow what a deal that would be.
Tell the OPEC nations we don't want your oil anymore we're producing methanol or gasoline from natural gas.
We don't need you we're gonna keep the money right here in this country invested over and over again.
Create jobs and counties that haven't seen job creation and decades.
And this would just -- multiply.
And on top of that it's -- drillers who succeed it's landowners.
It's the people who make -- -- equipment in all fifty states we have such a boom opportunity here it would be shameful.
For Hollywood to set the wrong impression in people's minds that the facts do not.
Bear up under that under this the Hollywood's enter.
Operation and and let's be clear it here it's sealed Rust Belt states doing so well here Pennsylvania.
Ohio you look across the region.
A real Renaissance for the first time for areas for people were just.
Desperate for some kind of economic jolt here they have it -- they have a from their own soil right from their backyard.
And -- the EPA is gonna step in here we'll see what happens -- -- come back and talk to is when it does thanks for coming on tonight.
And happy new year to you.
Thank you a happy new year to you thank you sound lives.
