Fracking ban would be a disaster for millions who lose their jobs

Rigzone:
A fracking ban would cost millions of jobs.

That’s according to the American Petroleum Institute’s (API) Director of Communications, Ben Marter, who made the statement ahead of last night’s Democratic presidential debate in a post published on the API’s website.

“Fracking has been one of the most important technological advancements in American history and banning it would erase a generation of American progress,” Marter said.

“A fracking ban would leave working families behind, cost millions of jobs and deliver a major win to countries like Russia. Presidential candidates who stand with American workers must stand against a ban on fracking,” the API representative added.
...
It would not be limited to people in the oil business.  It would reverberate through the economy hilling manufacturers, home builders, and retail outlets.  People would likely lose their moves and it would have a cascading effect on those not in the oil business would see the value of their homes fall below what they owe as happened in a previous housing debacle.

It would also amount to a war on education funding in states like Texas.  It would also impact transportation in several ways including road construction and repair.

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