Amazing news from the U.S. Energy Information Administration: Thanks to the boom in oil and gas drilling made possible by hydraulic fracturing, aka fracking, the U.S. will surpass Russia as the world’s biggest energy producer in 2013.
Take that, Vladimir.
Beyond bragging rights, America’s fossil-fuel bonanza is doing wonders for the economy — narrowing the trade deficit, lowering energy costs, stimulating investment in manufacturing and, best of all, creating jobs.
The trend is working for the planet, too, as power companies switch to cleaner-burning gas from coal — helping to drive emissions of climate-changing carbon dioxide down (yes, down) by almost 8% since 2007.
New York — which sits atop massive reserves of natural gas — can and should be playing its part in this immensely beneficial revolution. But Gov. Cuomo is too cowed by anti-fracking hysteria to authorize safe, well-regulated drilling upstate.
He is relegating the Empire State to the sidelines of history.