Author Topic: In a Biden/Harris Presidency, any fracing ban is least of industry’s worries  (Read 124 times)

0 Members and 1 Guest are viewing this topic.

Offline thackney

  • Hero Member
  • ****
  • Posts: 10,930
  • Gender: Male
In a Biden/Harris Presidency, any fracing ban is least of industry’s worries
https://www.worldoil.com/magazine/2020/december-2020/features/in-a-bidenharris-presidency-any-fracing-ban-is-least-of-industry-s-worries
DECEMBER 2020

After a close election and a wild aftermath, it now appears likely that Democrats Joe Biden and Kamala Harris will occupy the White House for the next four years. As such, they will set the Executive Branch agenda for national energy policy, at least through 2024. While the various and constantly evolving Biden/Harris promises to ban hydraulic fracturing—at one level or another—dominated the narrative during the general election campaign, the approach they will choose to take on that issue, once in a position of power, remains to be seen.

With Donald Trump, what you saw him promise during the 2016 election campaign was what you got once he assumed office: This country has never experienced any President who was more singularly focused on following through on each and every commitment that he had made while running for the office. With Biden and Harris, it remains impossible to really know what their promises even amounted to, related to oil and gas and energy in general, other than to work to undo all the things that the Trump Administration implemented during the previous four years.

That one thing is really what everyone in the oil and gas industry should remember about this incoming Democratic administration: It will be singularly focused on taking away every policy-related gain that was made from 2017 through 2020. And the new administration will have a wealth of tools and strategies at its disposal to achieve that goal.

THE COMING EXECUTIVE ORDERS

A FLOOD OF NEW REGULATIONS TO COME

PIPELINES, PORTS AND EXPORTS

CONCLUSION
Life is fragile, handle with prayer

Offline IsailedawayfromFR

  • Hero Member
  • ****
  • Posts: 14,258
I note this was written prior to the Dems getting Senate control.

Now the Dems might be able to codify these regulations into law rather than using executive actions.
“no punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin” ~  George Washington


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf