What would happen if there was a
#fracking ban? The
@USChamber did a deep dive, and here is what they found. THREAD
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">19 million jobs would be lost by 2025.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">Gasoline prices would DOUBLE by 2025 due to skyrocketing oil prices.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen"> The price of natural gas-currently the largest source of power generation in this country-would increase by 324 percent.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">Household electricity prices would QUADRUPLE.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">Consumers would pay on average $5,661 more per capita due to higher energy prices and the resulting increase in costs for other goods and services.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen"> Nearly $1.9 trillion would be lost in local, state and federal tax revenue through 2025.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">$7.1 trillion loss of GDP through 2025.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">Manufacturing sectors in states like Ohio, Pennsylvania, Colorado, Texas and New Mexico, Michigan and Wisconsin would be devastated due to higher prices for petroleum products, natural gas and electricity.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen"> Reduced energy security and a return to reliance on imports from international suppliers for oil and gas including Russia & members of
#OPEC.
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