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Shale Boss Warns Gas Prices Would 'Skyrocket' Under Frack Ban.

Authors :
Elkin, Elizabeth
Liao, Ruth
Source :
Bloomberg.com; 7/24/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

According to Toby Rice, CEO of EQT Corp., if fracking were to be banned, natural gas prices would "skyrocket." Rice's comments come in response to Kamala Harris, who has expressed opposition to offshore drilling and fracking. However, even if Harris wanted to ban fracking, she would not have the power to do so unilaterally. Rice argues that fracking bans would have unintended negative consequences and would cause a significant drop in his company's production. EQT Corp. is the largest natural gas producer in the US, operating in Pennsylvania, West Virginia, and Ohio. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178593503