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Author Topic: 'Dire consequences': Democratic fracking ban would cost $7 trillion, industry warns  (Read 245 times)

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Offline Elderberry

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'Dire consequences': Democratic fracking ban would cost $7 trillion, industry warns
« on: February 28, 2020, 02:16:18 pm »
Washington Times by  Valerie Richardson 2/27/2020

Fracking is a dirty word as far as Rep. Alexandria Ocasio-Cortez is concerned, but those in the oil-and-gas industry warn that life without hydraulic fracturing would be far grubbier.

The American Petroleum Institute drilled down this week on rising Democratic calls to ban fracking on private and public lands, releasing a study Thursday warning that such proposals would have “dire consequences,” including plunging the nation into a recession.

The economic analysis found that a ban on hydraulic fracturing would kill 7.5 million jobs by 2022; slash gross domestic product by $7.1 trillion by 2030, reduce household incomes by $5,400 annually and increase consumer energy bills by $600 a year.

More: https://www.washingtontimes.com/news/2020/feb/27/democrats-fracking-ban-would-cost-7-trillion-indus/
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Offline PeteS in CA

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Re: 'Dire consequences': Democratic fracking ban would cost $7 trillion, industry warns
« Reply #1 on: February 28, 2020, 02:41:17 pm »
The Enviros are hoping for an even greater impact, but it's a start.
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If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

Offline goatprairie

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Re: 'Dire consequences': Democratic fracking ban would cost $7 trillion, industry warns
« Reply #2 on: February 28, 2020, 04:40:56 pm »
The Obama admin openly admitted to wanting to curb the development of gas and oil exploration.
If Hillary had gotten elected, we'd probably be paying four and five dollars per gallon of gas again. Everything else derived from the oil industry would be more expensive.
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