Report: U.S. economy is feeling benefits of oil, gas drilling boom

09/4/2013 |

The U.S. economy is feeling the positive impact of the domestic oil and natural gas drilling boom, a recent report determined. The boom is fueling investments in fertilizer plants and natural gas processing equipment and is reducing household bills. "The unconventional oil and gas revolution is not only an energy story, it also is a very big economic story that flows throughout the U.S. economy in a way that is only now becoming apparent," said Daniel Yergin, vice chairman of IHS.

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