Arkansas Business covers a business conference at which a Chesapeake Energy executive predicts that investment in the Fayetteville shale gas exploration will dramatically exceed previous estimates before it’s over. He puts the figure at $75 to $100 billion over the next decade.

That’s good. And better still that the legislature passed a severance tax so Arkansas, like other states that have enjoyed major oil and gas exploration, will have something to show for the common good from that exploration.