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Post by the Scribe on Aug 31, 2020 2:20:10 GMT
Biden has promised to abolish the production of American oil, coal, shale and natural gas, laying waste to the economies of Pennsylvania, Ohio, Texas, North Dakota, Oklahoma, Colorado, and New Mexico, destroying those states. Absolutely destroying those states, and others.
Crude oil production in the U.S. hit record levels last year, topping 12 million barrels per day. Production has generally been on the rise for more than a decade, thanks to advances in hydraulic fracturing, or “fracking.” Oil production has declined this year as the pandemic depressed both demand and prices. Despite President Trump’s support for fossil fuels, coal production continues to shrink. Coal accounted for less than a quarter of the country’s electricity last year. While natural gas is now the leading energy source for electricity, there were days this spring when wind power kept more lights on than coal-fired power plants. www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=A www.npr.org/transcripts/838521862 www.eia.gov/tools/faqs/faq.php?id=427&t=3 www.eenews.net/stories/1062928361#:~:text=Wind%20tops%20coal%20in%20U.S.%20power%2C%20marking%20its%20rapid%20ascent,-Benjamin%20Storrow%2C%20E%26E&text=That%20has%20left%20coal%20as,Group%2C%20an%20independent%20research%20firm.
While Joe Biden wants to take on climate change and move the U.S. toward clean energy and away from fossil fuels, he has not called for an end to fracking. Instead, he wants a ban on new oil and gas drilling permits on public lands. joebiden.com/climate-plan/
Scott Horsley NPR Chief Economics Correspondent
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