Fortunes are being made in the fracking of oil and natural gas. Wealth is being created, and it's not staying only in the hands of a few. The industry has created more than a million jobs since 2010.
Natural gas prices are are only half of what they were in 2008. The oil and gas surge is contributing about $300 billion per year to America's gross domestic product.
All of this means many families are doing better because of the energy boom.
The guy who is making the most of this most-dynamic sector is Harold Hamm. Far from being a child of elite privilege, his parents were sharecroppers in Oklahoma. As a teenager he worked at mucking out oil tanks, then started a truck company to haul water. Like most entrepreneurs, he had the guts to keep going when things were bad: in the 1980's he drilled 17 times in a row without hitting oil and nearly went bankrupt. Get the rest of his story here.
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