Quote:
Originally Posted by Tron_fdc
True. Although if Biden actually banned fracking I’ve heard it reduces US output from 13 mbpd to something like 7mbpd which is massive. US would need to import oil again, and it would also drive the $/bbl up with that much lost production.
Even a Biden win with a democratic senate might play into Canada’s hands.
Theoretically
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Less than 15% of fracking occurs on federal lands. It wouldn’t affect that much.