A national hydraulic fracturing ban being pushed by Democratic presidential candidates would hit Colorado and New Mexico especially hard, according to a new report released by the Global Energy Institute at the U.S. Chamber of Commerce.
Combined, the two states would lose more than 600,000 jobs and $250 billion in GDP by 2025 from a ban.
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“Extreme measures to impede production, like banning hydraulic fracturing, would be detrimental to our economy—that’s why, when given the opportunity, Colorado voters consistently reject efforts to drive the industry out of our state,” said Chuck Berry, President of the Colorado Chamber of Commerce.