Then the domestic fracking business Collapses and we are at the mercy of the saudis again.
Unless the equipment is scrapped and the workers brainwashed, doesn’t the capability still exist, albeit with some lead time to restart?
The domestic fracking industry is not going to collapse due to low prices. They were always players in the field that have low costs and only the ones that overleveraged them selves will go out of business. It’s called ‘free market’ And it’s why the Saudi’s cannot put us out of business.