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Dow CEO: If you ignore fracking problems, shale gas is awesome!

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Only on CNBC's Kudlow Report can you get such priceless discussions that completely ignore the problem of earthquakes and polluted water sources. In the fantasy land known as The Kudlow Report, it's all about the wet dreams of Big Energy including the usual demands for scrapping pesky regulation, as in the already anemic regulation that is supposed to protect people.

Forget if you can that ever so small problem of cities like Youngstown, Ohio purchasing earthquake insurance or the EPA study that linked fracking to water pollution. Clean drinking water is probably overrated anyway, right?

What is missing (again) from this pro-fracking love fest on CNBC is a debate about why it's OK for business to pass on costs of fracking to everyone else. If Big Energy wants to destroy the environment to make a few bucks, why shouldn't they also be responsible for funding the cleanup and after effects of their destructive practices? With the economy still weak and Americans wondering about job security, how is it fair to push these costs onto others rather than asking the always profitable energy industry to foot the bill?

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