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The Blue Wave And The Oil Industry: Will Fracking Be The Biggest Target?

October 2, 2018

Via: Forbes

The possibility of a Democratic wave in the November elections must be sending a chill through the oil industry, even though oil prices have often been high during past Democratic administrations (mostly by coincidence). The fear is that a more liberal Congress will seek to undo some of the business-friendly policies of the Trump Administration and impose stricter regulations. This is not a paranoiac fantasy, as even paranoids have enemies and the oil industry certainly does. (Most outrageous I’ve heard: a conspiracy theorist who pointed out that the 9/11 terrorist attacks might not have been done by al Qaeda, as it benefited various people and groups including the oil industry.)

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