The Investing Consequences of a Fracking Ban
During a political season, candidates announce policies designed to grab national attention. Elizabeth Warren’s recent tweet on a fracking ban proposal should cause investors to pause. A ban would be a death blow to the industry, the jobs the industry supports as well as oil and gas shale plays. Investors should tread lightly. There is much more unrecognized risk in today’s market environment than there is unrecognized value.