This is a striking view of the increased oil production in the US since the 2008 financial crisis.

Source: Trading Economics
This is a view of Texas employment in Oil and Gas extraction payrolls over the same period.

Source: St. Louis Fed
And for effect, the prices of WTI and NatGas, each virtually cut in half in 2014.

Energy independence is a good thing, but this growing industry is about to get corrected badly (says Captain Obvious).




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