Seeking Economic Gains

The USA has gas. A lot of it.

We are of course talking about the supply of natural gas in this country; a supply that has become more abundant because of shale-gas and fracturing.

The logical economic spin off benefit from this supply trend is remarkably low pricing for this important energy source. The favorable pricing looks likely to continue and it is changing people's plans on everything from constructing coal, wind, and nuclear power facilities to providing a competitive edge to manufacturers who use natural gas as a primary source of energy. For the latter group, this means increasing profitability.

Not coincidentally, hundreds of thousands of jobs are being created.

This is an example of what can happen when government gets out of the way and businesses are allowed to seek economic gains.

Perhaps the role of government should be limited to ensuring that these gains are sought responsibly.

The bottom line right now is that jobs are being created and not by the Administration and/or the Congress. Efficiently creating economically viable jobs is the role of businesses.

A role seemingly best performed when government recognizes its limitations.