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Can Fracking Save the Economy?

By Diana Furchtgott-Roth, MarketWatch - October 6, 2013

Other countries with large reserves of natural resources have governments that are functional, yet their institutions and technology limit their production. Russia’s Kremlin is open, Saudi Arabia’s King Abdullah reigns supreme, and Chinese president Hu Jintao has his country firmly under control.

But America is producing more oil because private sector brains trump government bureaucracy — and much of America’s oil is on private lands.

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