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" ... As a petroleum engineer, I worked on fracking for 18 years in a major oil company. Then and later, I traveled the world as a consultant, and taught classes in shale… ... "
" ... BIDEN: Well, fracking has to continue because we have transition, we’re going to get to net zero emissions by 2050. And we’ll get to net zero power admissions by 2035. But there’s no rationale to eliminate right now fracking, number one. Number two, those jobs that are out there, whether it’s a IBW worker, or whether it’s an iron worker, or a steel worker. ... "
" ... Haaland could ban fracking on public lands, which is the same as banning drilling new wells because essentially all modern wells are fracked. But this may not be serious because only 13% of wells are on public lands, and legislation for this is unlikely to pass in the US senate. ... "
" ... It wasn’t long ago that fracking was all the rage on Wall Street, too, and SPAC IPOs provided quick and easy capital infusions. Energy private equity firm Riverstone Holdings issued three large SPACs—one in March 2016, for $450 million; then two more IPO’d in 2017, raising $1.7 billion—all intent on profiting from shale oil-and-gas investments. ... "
" ... President Obama began his second term on January 21, 2013. The fracking boom caused oil production to accelerate until 2015. But then overproduction led OPEC to initiate a price war that ultimately crashed prices and production. Production began to decline in 2015, but 2016 — the last year of Obama’s second term — was the first year of his presidency that annual oil production declined. ... "