They report will be available this summer.Fracking banned, thousands of jobs lost.
untrue, fracking is still occurring.
In some States, banning fracking on Federal Land bans most fracking in the State, as most of the reserves are on Federal Land.
Do you know what the percentage of land that is Federal in States like New Mexico?
It's around 35%, and where do you think most of the reserves are?
And New Mexico is 11th on the list of most Federal Land percentage.
Obama tried to just set standards for fracking on federal lands but even those rules were thrown out.
I think the Permian Basin extends into NM. I'll bet those lands will be open for new leases after the review. At least I hope so.
Democrats set "standards" that try to de facto ban things they don't like, not regulate them.
The end result is there is no federal ban on fracking on federal lands. If or when Biden tries it by EO it will be immediately challenged in court.
Can you get a new permit for oil wells involving fracking on federal lands or not right now?
New leasing is on pause so you can't even get a lease to explore for oil on federal land right now.
95 % of all wells in the US now use some form of fracking to increase oil production.
Joe Biden’s ...... ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers because they already have stockpiled permits, according to Reuters interviews with executives.
Big U.S. oil drillers have federal permits to mute effect of any Biden ban
U.S. President Joe Biden's promised ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers because they already have stockpiled permits, according to Reuters interviews with executives.www.reuters.com
So it's a ban on new leasing, using things like "pause" is just trying to be slick.