What Would a Joe Biden Fracking Ban Look Like? Part Four: Holy $1,325 Heating Bill Increase, Batman!
During the Democrat debate between Vermont Senator Bernie Sanders and former Vice-President Joe Biden on Sunday, March 15, 2020, Vice-President Biden stated that he would allow “no new fracking,” but such a policy would cause the heating bill for the average Minnesota household to increase by about $1,330 every year because fracking is crucial for natural gas production. This article is the fourth installment in this series. According to the U.S. Chamber of Commerce study, "What if Hydraulic Fracturing Was Banned?," a fracking ban would cause natural gas prices to increase from $1.80 per thousand cubic feet (MCF) today, to $12...Continue reading