https://www.nationalreview.com/corner/yes-biden-wants-to-end-fracking/
https://www.globalenergyinstitute.org/new-energy-institute-report-finds-us-could-lose-nearly-15-million-jobs-if-hydraulic-fracturing
Wignats vindicated 100%. Biden is gonna bring economic windfalls for the white working man. 40,000 jobs gone in 2 days. That's probably some sort of record.
Biden's already done everything he could do hemorrhage fracking with executive orders. Now that all houses of government are controlled by dems, they'll push through a fracking ban eventually under the umbrella of a ''green new deal'' or save the environment-esque laws.
Now of course, the energy loss by banning fracking won't be made up by renewables. There's a lot to be said on that but long story short, only hydro and nuclear are sustainable renewables with energy crops being another good contender.
The green lobby has a hard on against nuclear for whatever reason(most likely oil lobbying), hydro is maxed out, and energy crops might not be incentive enough for big agriculture who have huge lobbies in DC.. Africa's population is booming and there's money to be made selling crops and foodstuff.
What will happen is that oil prices will rise, and the US will just import oil from Saudi Arabia and the gulf states again, ending energy independence. I have a sneaking suspicion that the Zionist lobby is behind this. The US being dependent on gulf oil means the US military being more entangled there. A large portion of the US military establishment don't want a war with Iran but oil dependence would offer a greater incentive to invade Iran and take control of its oil resources.
Same with Venezuela.
On an economic angle, a fracking ban would be cataclysmic. Its one of the few sectors that provide well paying and secure jobs for Americans. Its destruction would leave millions of skilled laborers in the streets, many will be too old to be retrained for anything else.
Not that there will be any jobs to retrain for. Whatever job gains in exchange will come in the service sector. Its just like early offshoring. Well paying technical jobs at factories offshored to China, and the new jobs opened are cart pushers for wall mart. On paper thought, it still shows no net loss of jobs.
A loss of 15 million jobs is equivalent to nearly 8% of the labor force. Then factor in the social and cultural ruin that would wrought on millions. As always, the costs will be nationalized in the form of pitiable welfare, while the profits are always privatized.
America soon will be an economy where there are only a few class of workers:
Bankers and financiers.(The true sovereign)
CEOs and managerial class
Bureaucrats
Tech workers and researchers.
Fake workers( journalists, diversity consultant, sociology/gender studies professors, HR, academic administration etc)
Entertainers(Onlyfans, youtubers, instagram ''influencers'' etc)
Wage slaves doing odd jobs.
Criminals(Gangsters, cartel members, drug dealers etc)
There won't be any independent businessmen, craftsman, farmer or anything.
Ironically, the person most benefiting from the Biden Presidency seems to be Putin. A ban on fracking will make Russia vastly richer as oil sales would go through the roof. Plus, Biden's vicious antagonism will allow him to eliminate the remnants of atlanticists in Russia and the hardliner military nationalist types will grow stronger.
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