Big Oil Attacked by Politicians on Both Sides of the Atlantic

The transcript discusses the aggressive stance of Democratic candidates on fracking, highlighting their desire to ban or heavily regulate it. It also covers recent fracking regulations in California and the potential global impact. The discussion includes the possible effects of a fracking ban on oil production, particularly in the Permian Basin and New Mexico. Market reactions and industry concerns are addressed, with a focus on the economic implications of federal regulations on shale production and potential price increases.

How have stocks in California been affected by news related to fracking regulations?

What concerns are analysts expressing regarding federal regulations on fracking?