By the time 3Q19 earnings season got underway in late-October, O&G industry executives and investors had had plenty of time to digest this little bombshell that Elizabeth Warren dropped in September.
Elizabeth Warren on X (formerly Twitter): “On my first day as president, I will sign an executive order that puts a total moratorium on all new fossil fuel leases for drilling offshore and on public lands. And I will ban fracking-everywhere. / X”
On my first day as president, I will sign an executive order that puts a total moratorium on all new fossil fuel leases for drilling offshore and on public lands. And I will ban fracking-everywhere.
Warren’s frac ban came up on 20 oilfield company conference calls over the past several weeks. Here’s what the O&G industry had to say about it:
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