A ban on hydraulic fracturing and leasing would be devastating to the U.S. economy, increasing energy prices for electricity, natural gas, oil, and gasoline to the American consumer.
Hydraulic fracturing has made the United States the top oil and natural gas producer in the world and it has made the nation energy independent for the first time in 62 years. Yet, during stages in the campaign, potential Democratic presidential nominee Joe Biden and his running mate Kamala Harris advocated a ban on fracking and a ban on drilling, sometimes entirely and sometimes only on federal lands and waters. A recent study shows that banning federal leasing and fracking on public and private lands would:
