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12 Reasons The American Energy Boom Is Totally Overrated
http://www.businessinsider.com/the-shale-boom-economy-is-overrated-2013-5?op=1***SNIP
According to the BEA, the U.S. mining sector, which includes oil and gas production, contributed a measly 7/100ths of a point to the 2.2 GDP growth we saw in 2012.
Energy intensive industries are adding about 10% less value than all manufacturers.
Relative to the rest of the economy, the energy intensive industries aren't outperforming.
Energy comprises just a tiny 2% of US of manufacturing costs.
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