VP Harris: 'As president, I will not ban fracking'

Published On Aug 30, 2024, 12:57 PM

Vice President Kamala Harris declared in a recent CNN interview that she will not implement a ban on fracking if she becomes president, a stance she has shifted to since previously supporting a ban. This statement responds to criticism from her opponent, Donald Trump, particularly relevant in Pennsylvania, a vital swing state for the elections and a significant location for natural gas production. Although Harris insists on continuing to support green energy initiatives, her commitment to fracking reflects a responsiveness to voter concerns about energy costs and production.

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Harris's reassurance on fracking indicates continued support for fossil fuel production in the U.S., which could stabilize or boost industries associated with natural gas. The energy sector may see market reactions as investors gauge the implications for production levels and regulatory frameworks. Companies involved in fossil fuels might benefit from this clarity, particularly in swing states like Pennsylvania where fracking is a key industry.

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