I made the claim recently that fracking has been upholding the American economy, which would be bad without it. It occurs to me that I am only looking at a narrow slice, leaving my statement technically accurate but possibly not very helpful.
My reasoning was simple. The economy has grown at ridiculously low rates for years. Cheap oil has provided a significant boost to the economy. Therefore, without that boost, we would be trending red instead. I think that is straightforward.
However, there could be a dozen other things that are more important that I am ignorant of or neglecting. Two huge offsetting factors might be the real story, and fracking just a side dish. I shouldn't have come anywhere near implying that it was the central pillar. It may be, but I don't know that.