Shale Gas Saved Americans Trillions

A new back‑of‑the‑envelope synthesis (Lucas Davis) estimates U.S. natural‑gas consumers saved $4.5–$5.3 trillion between 2007–2025 thanks to shale‑gas drilling and low domestic prices versus Europe and Japan. The calculation equates to roughly $237–$276 billion per year and highlights the role of cheap domestic gas during supply shocks such as the Ukraine war. — If accurate, this magnitude reframes debates over fracking: it is not just an industrial or environmental issue but a major redistributive economic event that shaped trade, geopolitics, and climate policy choices.