Did the Covid-19 Pandemic End the Fracking Revolution in U.S. Oil Production?

Review the Aggregate Supply and Aggregate Demand (AS-AD) graphs and discussion in the text (Chapter 17).

Undertake additional research as necessary but be aware of the factual and bias problems with many of the materials. Remember that citations and references are needed.

What is the most likely impact from Covid-19 on fracking? Illustrate through discussion of how the AS-AD graph would change (you do not have to draw the graphs, just refer to the ones in the text). How do these changes impact the American economy?

Define terms as appropriate.