Obama Exaggerates Role of Federal Government in Natural Gas Boom

U.S. News and World Report-Michael Giberson, a professor at Texas Tech specializing in energy, argues that the federal government might have sped up hydraulic fracturing by a few years, but certainly didn't create the hydraulic fracturing boom. Giberson explains the background to hydraulic fracturing:

In the State of the Union, President Obama argued that government-enabled oil and natural gas technology was responsible for the oil and gas drilling doom sweeping the United States. The president's claim that the federal government helped create the hydraulic fracturing boom is specious at best. After all hydraulic fracturing is more than 60 years old and predates the creation of the Department of Energy by 30 years.

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Michael Giberson, a professor at Texas Tech specializing in energy, argues that the federal government might have sped up hydraulic fracturing by a few years, but certainly didn't create the hydraulic fracturing boom. Giberson explains the background to hydraulic fracturing:

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