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Listen: Democrats' fracking ban proposal already having impact on US energy investment

The 2020 fight over energy policy is just getting started, and investors already have a bad case of heartburn over Democratic presidential candidates' proposals to ban all fracking in the US.

Katie Bays, who advises institutional investors as co-founder of Sandhill Strategy in Washington, joins us to share how her clients are viewing campaign trail promises to ban fracking, end leasing on federal lands and bring back restrictions on US oil and gas exports.

Bays says crude export projects under development on the Gulf Coast are potentially more vulnerable than LNG export facilities based on how Washington regulates the commodities differently.