Energy companies respond to Biden's fracking ban

 Fox Business:

The oil and gas industry is doubling down on countering Democratic presidential candidate Joe Biden's promise to neuter fracking, which could upend America as an energy leader and eliminate thousands of jobs.

Biden said on Saturday that he supports a fracking ban on federal lands and waters, which account for 13% of the nation’s natural gas production. The comments came as he attempted to clarify remarks made at last week’s debate that supported transitioning the U.S. away from oil.

On Monday, President Trump in a tweet, reminded voters that his plans would hurt jobs.

 

“Banning federal leasing and development on federal lands and waters would derail decades of U.S. energy progress and return us to the days of relying on foreign energy sources hostile to American interests,” said American Petroleum Institute President and CEO Mike Sommers.

BIDEN-BACKED FRACKING POLICY COULD DERAIL AMERICA’S ECONOMIC RECOVERY


“This is ultimately a choice between American-made energy and foreign energy, a choice between American jobs and foreign jobs,” he added. “It’s clear a federal leasing ban should be off the table – there’s far too much at stake for American workers, local economies and our nation’s energy security.”
The Wyoming Oil and Gas Conservation Commission declined to comment. The Colorado Oil & Gas Conservation Commission and New Mexico's Oil Conservation Division did not immediately respond to FOX Business' request for comment.

When Texas came into the union it retained ownership of the land and minerals.  New Mexico did not so its part of the Permian Basin would be devastated by Biden's ridiculous policy.  The state of New Mexico is mostly controlled by Democrats, but even they should be objecting to the job losses to their citizens.  Utah, Wyoming, North Dakota, and Colorado would also be damaged by the ban.

See also Joe Biden's insane war on oil.

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