News

Frack Ban Would Cost Up To 7.5MM Jobs in 2022

Andreas Exarheas, Rigzone | March 3, 2020

Banning federal leasing and fracking on public and private lands would cost up to 7.5 million American jobs in 2022 alone, lead to a cumulative GDP loss of $7.1 trillion by 2030 and cut household incomes by $5,400 annually.

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Fracking Ban Would Hurt Environment

Nicolas Loris, The Daily Signal | February 22, 2020

If a policymaker proposed banning cars and trucks or reducing the speed limit to 5 mph to reduce traffic fatalities, he or she would be laughed off the stage. Such a policy ignores the benefits of driving and disregards how people accept risk and trade-offs in their lives.

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Study: Fracking ban would 'devastate' U.S., New Mexico economy, cost millions of jobs

Adrian Hedden, Carlsbad Current-Argus | February 28, 2020

A ban on hydraulic fracturing would not only impact the oil and gas industry, but every other business in the U.S., reported a new study from the American Petroleum Institute (API).

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The Obvious Reality Of More U.S. Oil And Natural Gas

Jude Clemente, Forbes | February 23, 2020

Natural gas overwhelmingly dominates the U.S. electric power system, double second place coal. Gas is cleaner, cheaper, more flexible, and more reliable. Gas will supply over 40% of our power this summer and is racing toward being 50% of total generation capacity.

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New API study warns of harmful economic consequences of fracking ban for American families

The American Petroleum Institute | February 27, 2020

The American Petroleum Institute (API) today released a new economic analysis outlining the dire economic consequences of a ban on federal leasing and hydraulic fracturing (or fracking) for American families and businesses. The technology has enabled the U.S. to become the world leader in energy production and emissions reductions.

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America's Progress at Risk: The Impacts of a Fracking Ban

The American Petroleum Institute

More than 95% of U.S. natural gas and oil wells today are developed using hydraulic fracturing. Technologically, fracking is the chief reason the U.S. is the world’s leading natural gas and oil producer.

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