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Biden Proposal On Fracking Could Cost Up To 1M Jobs

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Ideas frequently touted by Democrat nominee for President and former Vice President Joe Biden to ban or largely move away from fracking will potentially have devastating consequences, according to an interview with the American Petroleum Institute by Fox Business.

Senior vice president of policy, economics, and regulatory affairs Frank Macchiarola told Fox Business that policies proposed by Biden would greatly impact U.S. energy independence and the economy as a whole after it just took a massive dive from the coronavirus shutdowns.

“The United States has experienced essentially a generational shift in energy security, economic security, employment and CO2 emission reductions as a result of the shale revolution,” Macchiarola, said. “A policy that would go backward from that, in our view, is the wrong direction.”

The API is a national trade group that represents nearly 600 oil and gas members and sees the impacts politics has on fracking up-close.

If a fracking ban went into place in 2021 and applied to federal lands and waters, it would cause the “biggest hit to employment in its first two years with job losses reaching nearly 1 million in 2022,” according to API.

“The plan would result in a total of 417,000 fewer jobs by 2030 as other jobs would be created elsewhere in the economy, and a $700 billion hit to U.S. gross domestic product,” reports Fox.

Biden’s stance on the practice has shifted many times and it is unclear which is his official stance. Bad polling in states that favor fracking may push Biden to abandon his harsh rhetoric.

Biden declared on Monday that he’s “not banning fracking,” but a look at past claims seems to contradict this.

The former VP once said he would end the use of fossil fuels.

In a July 2019 town hall, Biden was asked if there was going to be a tolerance for “fossil fuels, including coal and fracking” in his potential administration.

To which he replied, “We would make sure it’s eliminated,” as reported by the Post Gazette.

The Pittsburgh paper also pointed out Biden’s comment in a March debate when Sen. Bernie Sanders (I-VT) said he was focused on “stopping fracking as soon as we possibly can. I’m talking about telling the fossil fuel industry that they are going to stop destroying this planet.”

“So am I,” Biden replied, “No more—no new fracking.”

Whatever Biden’s true stance is may be unknown, but the consequences could prove detrimental to parts of the nation that depend on it for their local economies.

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PJ Media report: SHOCKER! WaPo Update About Mar-A-Lago Raid Doesn’t Fit the Narrative

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PJ Media’s Kevin Downey Jr. has dissected a Washington Post report regarding findings from the raid of former President Donald Trump’s Mar-a-Lago estate. “Shocker! WaPo Update About Mar-A-Lag0 Raid Doesn’t Fit the Narrative” Downey Jr.’s report is titled.

“Remember when the FBI raided Trump’s home supposedly looking for “nuclear secrets” a few months back? Guess how that turned out?” the article begins.

I’ll let the quislings at the Washinton Post spell it out:

Federal agents and prosecutors have come to believe former president Donald Trump’s motive for allegedly taking and keeping classified documents was largely his ego and a desire to hold on to the materials as trophies or mementos, according to people familiar with the matter.

In other words, Trump was keeping souvenirs, as everyone else does.

Funny how WaPo sat on that story until after the midterms, right?

But wait, there’s more!

That review has not found any apparent business advantage to the types of classified information in Trump’s possession, these people said. FBI interviews with witnesses so far, they said, also do not point to any nefarious effort by Trump to leverage, sell or use the government secrets. Instead, the former president seemed motivated by a more basic desire not to give up what he believed was his property, these people said.

The WaPo also found no evidence that Trump was looking to “leverage, sell or use the government secrets.”

They threw the idea in near the very end that they still might come up with something juicy:

The people familiar with the matter cautioned that the investigation is ongoing, that no final determinations have been made, and that it is possible additional information could emerge that changes investigators’ understanding of Trump’s motivations. But they said the evidence collected over a period of months indicates the primary explanation for potentially criminal conduct was Trump’s ego and intransigence.

Continue Reading: PJ Media

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