Harris understands fracking ban raises energy costs, industry execs say

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Harris understands fracking ban raises energy costs, industry execs say

prices will rise if fracking is banned, industry executives said on Tuesday, explaining their confidence the Democratic candidate will not ban the production method if she becomes president.

"I think she is changing her views," Baker Hughes oil field services Chief Executive Officer Lorenzo Simonelli said on the sidelines of the GasTech conference in Houston, when asked about Harris. The head of the largest U.S. liquefied natural gas exporter in a separate conversation at GasTech said Harris had to pivot to being more open to fracking, because natural gas prices would be much higher without it.) CEO Jack Fusco, whose Sabine Pass facility in Louisiana is the largest U.S. LNG export plant, said he trusts Harris's support of fracking unless proven otherwise and wants cooler heads to prevail on the energy transition debate."If you stop fracking in the U.S.

Harris is locked in a tight race with Trump, and both are campaigning hard in Pennsylvania, one of the nation's largest producers of natural gas.

 

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