Earlier quoted context omitted.
Who is "we"? Fracking was funded with private money. It was "conventional" technology, no edge-of-science stuff, so private entrepreneurs could afford it, and the rewards were quick to materialize. Nuclear fusion? There's this urban myth that fusion could have been achieved if only we'd have poured more money into it, but where's the evidence? Plasma modeling requires a lot of computational power. What you have now i…
I think you're mistaken about the government involvement in fracking. Sure, the basic technique may have been developed by private companies, but government supported research expanded it to oil and gas applications. https://thebreakthrough.org/issues/energy/us-government-role...
The Government gets involved in a lot of things, but it doesn't mean its contribution is essential. For a recent example, the NIH is claiming the Moderna vaccine is due to their contribution, and sure, you'll be able to find one or a few grants here or there of a few hundred thousand dollars, but the massive investments of tens of millions of dollars were done by Moderna itself.
As for fracking, the father of fracking is considered to be George P. Mitchell [1].