This might have the effect of forcing shale developers to slow or stop operating for a while, but the black juice is still sitting there under the ground, patiently waiting for the day that it is needed. And OPEC can’t get their hands on it.
“This might have the effect of forcing shale developers to slow or stop operating for a while, but the black juice is still sitting there under the ground, patiently waiting for the day that it is needed. And OPEC can’t get their hands on it.”
Sounds great in theory but all of a sudden you get a LOT of out of work, highly-compensated blue collar workers in Red States.
And implicitly give the Blue State environmental wackos an undeserved victory.