No increase in government taxes and greater government interference in the market.
Yes, our production costs are much less than Morgan Stanley and Goldman Sachs estimate. They are behind the times.
Also, the costs for extraction are dropping rapidly because big dollars are going into technology.
GE did not invest $15 billion into fracking in the last few years for nothing.
It is getting more efficient, cheaper and safer all the time.
This is the USA and nobody can compete with us on productivity if our industries are left unshackled!