Joe Biden Would Be a Sea Change For the Oil Industry

(Bloomberg Opinion) — I don’t know who’ll prevail in the U.S. election. But one thing we can probably all agree on is that incumbent leader President Donald Trump has had an extraordinary impact on the global oil market. From crippling the oil exports of Iran and Venezuela to taking credit for brokering the biggest-ever voluntary production cuts, Trump’s fingerprints are all over.How might that change after the November vote?The U.S. oil industryThings will carry on pretty much as they are if Trump retains his place in the White House. I couldn’t find any new initiatives on his campaign website, while …read more

Source:: Yahoo Finance