<p>A new <a href="https://epic.uchicago.edu/news-events/news/study-shows-hydraulic-fracturing-boosts-local-economies">study</a> shows that hydraulic fracturing&#8211;more popularly known as fracking&#8211;is beneficial to the economy.</p>
<p>The study, conducted by the University of Chicago&#8217;s Energy Policy Institute (EPIC), analyzed fracking&#8217;s impact in nine areas that are rich with shale gas, and determined that fracking increases the average household&#8217;s livelihood by a range of $1,300 to $1,900 a year, surpassing the $1,000 to $1,600 range of costs and externalities associated with fracking, when household income is not included.</p>

Study: Fracking Bumps The Economy

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Study: Fracking Bumps The Economy