Big Oil launches campaign to fend off U.S. Democrat drilling ban threat GlobeBusiness
The United States has become the world’s top oil and gas producer thanks to the hydraulic fracturing-led drilling boom, which opened up new tough-to-reach reserves., meanwhile, have been declining for about a decade, thanks mainly to the replacement of scores of old and inefficient coal-fired power plants with natural gas facilities.
But the future of U.S. emissions has been cast into doubt as the Trump administration seeks to boost domestic fossil fuels development by rolling back Obama-era climate protections and other environmental regulations. Environmentalists also say natural gas is not as clean as the industry bills it, because large volumes of planet-warming methane escape into the atmosphere during drilling and piping.While the oil industry has been a vocal supporter of the Trump administration’s regulatory rollbacks, the API’s ad campaign will cast the industry as an ally of Democrats and environmentalists seeking to cut emissions.
“On issues that matter, like climate change, we are more alike than we think,” according to one of the
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