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Page added on February 20, 2020

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Fracking Ban Would Cost Millions of Jobs

Fracking Ban Would Cost Millions of Jobs thumbnail

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.

Last month Rystad Energy revealed that if fracking activity was to be eliminated on federal acreage, the result would be a widespread shift of capital from federal to private and state-owned acreage in a bid to replace lost oil volumes. According to Rystad Energy, such a fracking ban would likely have little immediate impact on nationwide oil and gas production figures.

In November last year, the UK government outlined that fracking would not be allowed to proceed in England “following the publication of new scientific analysis”.

Ministers took the decision on the basis of a report by the Oil and Gas Authority, the UK government said in a statement posted on its website. The report found that it is not currently possible to accurately predict the probability or magnitude of earthquakes linked to fracking operations, the UK government stated.

The moratorium on fracking will stand until “compelling new evidence is provided”, the UK government revealed.

The API, which was formed in 1919, represents all segments of America’s oil and natural gas industry and has more than 600 members, according to the organization’s website. The industry supports 10.9 million U.S. jobs, the API’s website shows.

RIGZONE



62 Comments on "Fracking Ban Would Cost Millions of Jobs"

  1. makati1 on Thu, 20th Feb 2020 3:37 pm 

    No ban needed. The financial crash, in the near future, will end it anyway. How long can you stay in business without making a profit?

  2. Richard Guenette on Thu, 20th Feb 2020 5:08 pm 

    All nations should transition from FF to renewable energy (tidal, solar, wind, geothermal power).

  3. Richard Guunette on Thu, 20th Feb 2020 5:15 pm 

    South Americans are stupid and suck cock

  4. PeakOilDemandIsBS on Thu, 20th Feb 2020 9:45 pm 

    Mak, you are correct. It’s like putting a ban on gathering snow in Saudi Arabia, totally pointless.

    ‘In November last year, the UK government outlined that fracking would not be allowed to proceed in England “following the publication of new scientific analysis”.’

    Yea, kinda pointless too. I mean, how much shale is their in Britain? I mean more than other European nations for sure but not a lot I would imagine.

    Fracking is going bye-bye just on economics alone. But yet it is still important. I mean Bernie talked about banning it on day one with an executive order. Yea, right. Someone should tell him that would end industrial civilization as we know it.

  5. Abraham van Helsing on Fri, 21st Feb 2020 7:56 am 

    Sanders Wins Democrats Primary Debate
    The various reflections of last night’s debate between Democratic party primary candidates give a consistent picture.

    – Bloomberg lost. He had brought a wallet to a knife fight and made a generally bad impression. Even the news service that carries his name headlined: Bloomberg Hammered.
    – Buttigieg was again exposed as the soulless fluff he is.
    – Biden is frail, confused and talks too much.
    – Warren gets some points for hammering Bloomberg. But that is it.
    – Klobuchar gets points for hating Buttigieg but is otherwise too mechanic to attract votes.
    – Sanders ably defended his positions against attacks from all sides.
    – Tulsi Gabbard was unfortunately not invited.

    https://www.moonofalabama.org/2020/02/sanders-wins-democrats-primary-debate.html#comments

    Trump-Sanders, Trump wins.

  6. Davy on Fri, 21st Feb 2020 7:57 am 

    “With Half Of China Locked Up, Car Sales Plunge 92%”
    https://tinyurl.com/vojekjf money mavin

    “China car sales plunged 92% during the first two weeks of February in the wake of the coronavirus outbreak, according to the China Passenger Car Association. It was even worse in the first week, with nationwide sales tumbling 96% to a daily average of only 811 units, PCA said in a report released earlier this week. Deliveries this month may slump by about 70%, resulting in a 40% drop in the first two months of 2020, it said. The figures exclude minivans. The situation is expected to improve in the third week of February compared with the start of the month, PCA Secretary General Cui Dongshu said in an interview on Friday.”

  7. Abraham van Helsing on Fri, 21st Feb 2020 8:07 am 

    A collapse of the world economy is very good for the energy transition and a substantial increase of the renewable energy share.

  8. Davy on Fri, 21st Feb 2020 8:21 am 

    “A collapse of the world economy is very good for the energy transition and a substantial increase of the renewable energy share.”

    Pig lipstick

  9. Davy on Fri, 21st Feb 2020 9:22 am 

    “US Exposed To Immediate Impact From “Supply-Chain Shock”, Deutsche Says”
    https://tinyurl.com/vcugkt4 zero hedge

    “Deutsche Bank’s senior European economist Clemente Delucia and economist Michael Kirker published a note on Thursday titled “The impact of the coronavirus: A supply-chain analysis” identifying the effect of contagion on the rest of the world, mainly focusing on demand and spillover effects into other countries.”

    “The euro-area countries have, in general, a dependence indicator below the benchmark. This suggests that euro-area countries have a below-average direct dependence on Chinese imports of intermediate inputs.”

    “The US, Japan, Canada, and all the major Asian countries would feel an immediate supply chain shock from China.”

  10. Abraham van Helsing on Fri, 21st Feb 2020 9:29 am 

    Stupid JuanP is up doing ID theft again. These comments are not Davy but instead JuanP. He is a coward and a thief which is typical of South Americans.

    Davy said “US Exposed To Immediate Impact From “Supply…

    Davy said I like worm burgers way better then cricket burger…

    Davy said “A collapse of the world economy is very goo…

  11. JuanP on Fri, 21st Feb 2020 9:30 am 

    Cloggie, I can’t help if my dad was African. I am still half white like Obama

  12. Davy on Fri, 21st Feb 2020 9:31 am 

    “U.S. Taxpayers Face $200 Billion Bill From Student Loan Forgiveness Plans”
    https://tinyurl.com/w5cun7y zero hedge

    “It’s now a $1.64 trillion problem that has increased over 120% since 2009. Student loan balances equate to 7.6% of GDP. That’s up from 5.1% a decade ago.”

    “There are more than 50 million Americans with student loan debt. The CBO estimates that most of the borrowers are stuck in low wage and low skilled jobs with large balances that may never be paid pack. Many of these folks are millennials, stuck in a renting society with absolutely no economic mobility.”

    “Much of the millennial generation has insurmountable student debts that have prevented them from family formation, home buying, and growing savings. This has severely weighed on the economy, but it appears relief could be on the way, paid for by the U.S. taxpayer.”

  13. Davy on Fri, 21st Feb 2020 9:38 am 

    “After Twitter Poll Goes Badly Awry, Christian Group Blames Satan”
    https://tinyurl.com/tj4s75z zero hedge

    “An organization that claims to represent Christian lawmakers in the U.S. is crying foul after a Twitter poll asking if the country would be better with more elected officials of the Christian faith went hilariously off the rails.”

  14. JuanP is stupid on Fri, 21st Feb 2020 9:39 am 

    This is from stupid:

    Davy said “After Twitter Poll Goes Badly Awry, Christian Gro…

    Davy said “U.S. Taxpayers Face $200 Billion Bill From Studen…

    supremacist muzzies jerk said Did I say I appoint supertards Davey’s sock…

  15. Abraham van Helsing on Fri, 21st Feb 2020 9:40 am 

    “Cloggie, I can’t help if my dad was African. I am still half white like Obama”

    I’ll forgive you. Go in peace, brother.

    Meanwhile in Germany, top-Greens enable chopping a forest so Elon Musk can build his mega 500,000 Testla/year factory:

    https://www.spiegel.de/politik/deutschland/anton-hofreiter-die-gruenen-zu-tesla-fabrik-es-ist-richtig-dass-gerodet-wird-a-00000000-0002-0001-0000-000169587500

  16. Abraham van Helsing on Fri, 21st Feb 2020 9:47 am 

    “Pig lipstick”

    American intellectualism at its finest.

    I explain it again, this time slowly:

    Solar radiation and wind have zero correlation with economic affairs. They keep shining, c.q. blowing, whatever the economy does.

    Demand for oil is heavily dependent though on the fortunes of the world economy. If long supply chains get interrupted, everything comes to a shrieking halt and demand for oil and gas plummets, certainly if large numbers of people get fired, who no longer will drive cars, let alone fly airplanes to tourist destinations.

    Energy use will diminish, where “free” renewable energy will substantially increase at the cost of fossil fuel.

    Got it?

  17. Hello on Fri, 21st Feb 2020 9:57 am 

    >> Got it?

    No, I don’t get it. Last time a piece of my solar system needed replacement it had to be ordered from china. The sun was shining, but no needed part. Long supply line.

    Solar and wind are both HIGH tech solutions and require a complex global industrial machine to be humming along.

    Get it?

  18. Davy on Fri, 21st Feb 2020 11:03 am 

    “Last time a piece of my solar system needed replacement it had to be ordered from china”

    That’ll teach you for installing a Chinese solar system Hello. REAL Green says buy local.

    stupid

  19. Abraham van Helsing on Fri, 21st Feb 2020 11:41 am 

    “Last time a piece of my solar system needed replacement it had to be ordered from china.”

    Bad luck for you then. Most “solar systems” (not to be confused with the Star Trek thingy) bumble along for many years without having anything to be replaced. Mine for instance does fine for 5 years now. China will probably recover later this year and you will get your part.

    Perhaps next time buy a Canadian system.

  20. Hello on Fri, 21st Feb 2020 12:19 pm 

    >>> That’ll teach you for installing a Chinese solar system Hello. REAL Green says buy local.

    Yes, but my cow-town ain’t producing any solar systems. Get it? Solar is high tech and requires long supply lines and a global well OILed economy.

    Buy local works for vegetables, that’s about it all.

  21. Davy on Fri, 21st Feb 2020 1:30 pm 

    “That’ll teach you for installing a Chinese solar system Hello. REAL Green says buy local.”

    Hello, that was JuanP stealing my ID in case you are wondering.

  22. supremacist muzzies jerk on Fri, 21st Feb 2020 1:36 pm 

    Grate news whitey supertard roasted 8 muzzies in Germany. This is not nazi. Nazi freaks are muzzies lovers
    300 mil more to even score

  23. supremacist muzzies jerk on Fri, 21st Feb 2020 1:39 pm 

    Putin thanks fbi for info on muzzies
    Amputate all muzzies no need for intel

  24. Not Davy on Fri, 21st Feb 2020 1:40 pm 

    juanpee is stupid

    “Hello, that was JuanP stealing my ID in case you are wondering”

  25. makati1 on Fri, 21st Feb 2020 4:14 pm 

    PeakOilDemandIsBS, banning fraking would NOT end BAU. It would prevent a lot of pollution that is not necessary. There is still enough oily stuff to keep the game going. Add in NG and nuclear and the game will last too long. We may go extinct before the oily age ends. We shall see.

  26. makati1 on Fri, 21st Feb 2020 4:15 pm 

    Abe, yes buy a “Made in Canada” system where the parts come from…China. LMAO!

  27. supremacist muxxies jerk on Fri, 21st Feb 2020 4:28 pm 

    Safiyya Amira Shaikh pleads guilty to St Paul’s Cathedral bomb plot

    i don’t care what kind of muzies. i want uk to amputate all muzies and throw in the ocean, the thames. there are no extremist muzzies.
    there are only muzies.

    i didn’t made up above, muzzie ergdogan said it.

    whitey supertard roasted 8 muzzies in germany. 300 millions more to even score. whitey supertard is not nazi, nazi are muzzies lover. mufti of jerusalem and fuher

  28. supremacist muzzies jerk on Fri, 21st Feb 2020 4:35 pm 

    bernie bro has 3 houses and a muzzie lover
    why a jew loves muzzies?

    “‘lo the last day won’t come when muzzies kill jews, except ones who hide behidn guarda tree”

  29. supremacist muzies jerk on Fri, 21st Feb 2020 4:40 pm 

    i’m going on permanent retirement
    i’ll be back in a couple week

    i appoint supertard davy’s sock Richard Guunette supertad. Hist title is “the lover” (of muzies).

    Paterson, N.J. City Council ordinance will allow Islamic call to prayer over loudspeakers

    us failed state,sharing powa with muzzies

    france 120 knife attacks/day

    amputate all muzzies worldwide
    muzzie anti rape machine
    muzzie amputation machine
    muzzie hamster machine

  30. supremacist muzies jerk on Fri, 21st Feb 2020 5:02 pm 

    Juan, love, suck my cock.

  31. Abraham van Helsing on Sat, 22nd Feb 2020 8:45 am 

    Abe, yes buy a “Made in Canada” system where the parts come from…China. LMAO!

    Google is your friend (most of the time).

    https://news.energysage.com/canadian-solar-panels-complete-review/

    Canadian Solar is one of the world’s largest manufacturers and installers of solar panels and operates on six continents. The company was founded in 2001 and manufactures its solar panels in Canada, China, Indonesia, Vietnam and Brazil.

  32. supremacist muzzies jerk amputated on Sat, 22nd Feb 2020 8:58 am 

    i told you guyes gabbard is jsut a deception of super goat. as a lib i lean toward bloomberg because he’s a real billionair and stop and frish policy can be adapted to stop and amputate muzzies. when the law is passed it will be very orderly and efficient. after a week we are muzzie free america.

    but this is just dreaming. bloomber is a muzzie lover but bernied is a huge muzzie lover so i hope he won’t win. trump can be at a big risk against bernie if bernie wins

    on the other hands trump is pro luke, he wants to amputate muzzies and has record of doing so. he roasted muzzies for fun. he gave jerusalem to israle, he puts america first and a sitting president easily win another term if he doesn’t suck so bad.

    when i say amputate all muzzies, you say oh youre so bad. well there are no extreist muzzies like muzzie erdogan said so all i’m saying is amputate all extremist muzies

    there, does it sound better?

    yeah but the constant muzzie threats of killing us and nobody said noting?

    youtube doesn’t remove anything muzzie said about us. I got this just looking quickly

    “Every Muslim much watch this. ( This is What Kufar don’t want you to see).”

    why youtube nto removing low degratory english designed to dehumanizing us, making it easy for muzzies to kill us? you don’t die instantly, you die politically then muzzies kill you when youu’re dead politically.

    i’m bakc ot perm retirement peas

  33. This is Trolling on Sat, 22nd Feb 2020 10:12 am 

    “supremacist muzzies jerk amputated”

    Don’t feed the sock troll

  34. supremacist muzzies jerk amputated on Sat, 22nd Feb 2020 10:14 am 

    wheu i sau amputate all muzzies u say oh that’s bad. i say freedom of speeh whitey supetard said constituion. “oh that’s just words” O_RLY?

    so whitey supertard used like to roast 8 muzzies in germany well that’s good words. it says allah and muhadmad are pedifiles have no defense against “words”

    why youtube not removing muzzies.
    quick search shows “Extreme Muslims Branding Muslims Kufar#HUDATV”

    so whitey supertards founders said freedum speech not for us, only for muzzies?

    yep, muzzies say anything kill us and ok so freedom speech for muzzies, not for us.

    constituion was written for muzzies
    bill of rites foar muzzies not foar us

    we need people’s trial of global muzzies to set record straight. then we convict and ampuate all muzzies.

    all muzzies are extremist muzzies because
    there’re no extremist muzzies there are only muzzies – erdogan

  35. Duncan Idaho on Sat, 22nd Feb 2020 10:58 am 

    Trump’s corrupt pardon spree has only just begun

    https://www.alternet.org/2020/02/trumps-corrupt-pardon-spree-has-only-just-begun/

    This is one thing the Fat Boy excels at.

  36. Duncan Idaho on Sat, 22nd Feb 2020 11:01 am 

    Is Bernie right?
    “I’ve got news for the Republican establishment. I’ve got news for the Democratic establishment. They can’t stop us.”

    These sleaze bags don’t like losing.

  37. Duncan Idaho on Sat, 22nd Feb 2020 11:24 am 

    Our Cabbages For Christ:
    “They could be the chaplains for what would be an American brand of fascism.”

  38. Duncan Idaho on Sat, 22nd Feb 2020 11:36 am 

    Trump will become a staple in psychology courses focusing on personality disorders

    https://www.salon.com/2020/02/21/george-conway-trump-will-become-a-staple-in-psychology-courses-focusing-on-personality-disorders_partner/

  39. Duncan Idaho on Sat, 22nd Feb 2020 11:40 am 

    A Michael Bloomberg surrogate pumping up the billionaire’s 2020 campaign for president also helped to elect Brazil’s extreme-right leader, Jair Bolsonaro, an open supporter of military dictatorship who frequently threatens violence against his political opponents.

    https://zcomm.org/znetarticle/bloomberg-surrogate-was-pr-guru-for-brazils-bolsonaro/

  40. JuanP on Sat, 22nd Feb 2020 11:42 am 

    “Is Bernie right?”

    In South America where I come from Communism is what I like. It means less work and if you are in the “IN” Crowd easy money. GO Burn 2020!

  41. JuanP on Sat, 22nd Feb 2020 11:44 am 

    “Trump will become a staple in psychology courses focusing on personality disorders”

    Trump derangement disorder is the better study. Duncan, you are a classic case of severe Trump derangement.

  42. More Lunatic Troll Davy ID Fraud on Sat, 22nd Feb 2020 12:18 pm 

    JuanP on Sat, 22nd Feb 2020 11:42 am

    JuanP on Sat, 22nd Feb 2020 11:44 am

  43. Duncan Idaho on Sat, 22nd Feb 2020 12:57 pm 

    2004:
    The Bush administration maintains it has the right to imprison citizens or non-citizens indefinitely without trial or access to lawyers, family members or journalists, as long as they are suspected terrorists. It is the administration, of course, who decides if someone is a suspected terrorist.

    (“Every Child Behind Bars” makes a catchy a new education motto.)

  44. juanPee is a total liar on Sat, 22nd Feb 2020 1:20 pm 

    “More Lunatic Troll Davy ID Fraud said JuanP on Sat, 22nd Feb 2020 11:42 am JuanP on Sat..“

  45. joe on Sat, 22nd Feb 2020 1:20 pm 

    Duncan Idaho on Sat, 22nd Feb 2020 11:40 am

    Theres a shocker, a Democrat candidate billionaire who used to be a Republican, the guy who actually is a RACIST, is using an anti democratic tool that would give Putin a hardon hmmm…

  46. JuanP on Sat, 22nd Feb 2020 1:22 pm 

    I suspect this China Virus is the work of a secrete AI entity that is self-programming to kill off the human race

  47. More Lunatic Troll Davy ID Fraud on Sat, 22nd Feb 2020 1:34 pm 

    juanPee is a total liar on Sat, 22nd Feb 2020 1:20 pm

    JuanP on Sat, 22nd Feb 2020 1:22 pm

  48. JuanP is a complete & total liar on Sat, 22nd Feb 2020 1:37 pm 

    More Lunatic Troll Davy ID Fraud said juanPee is a total liar on Sat, 22nd Feb 2020 1:20…

  49. Richard Guunette on Sat, 22nd Feb 2020 2:22 pm 

    Please join us this evening for a juanPee vote ban. Shame the troll with a vote ban at 9:00pm tonight.

  50. supremacist muzzies jerk on Sat, 22nd Feb 2020 2:27 pm 

    why does round piza come in square box
    why is muzzie menacing, has 1400 years of killing but is peaceful
    why are muzie soft and cudly? why the love.
    is muzzie baghdadi and soleimani soft and cudly?

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