• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 hours Oil prices going Up? NO!
  • 1 day Could Venezuela become a net oil importer?
  • 6 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 2 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 25 mins Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 4 hours Could oil demand collapse rapidly? Yup, sure could.
  • 1 day Gazprom Exports to EU Hit Record
  • 48 mins Oil prices going down
  • 1 day EU Leaders Set To Prolong Russia Sanctions Again
  • 1 day Why is permian oil "locked in" when refineries abound?
  • 1 day Oil Buyers Club
  • 2 days Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 1 hour Saudi Arabia turns to solar
  • 1 day EVs Could Help Coal Demand
  • 2 days China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 19 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
Alt Text

This Russian Oil Major Is Ready To Open The Taps

Russia’s oil giant Lukoil is…

Alt Text

The Fourth Industrial Revolution Is On The Horizon

The Fourth Industrial Revolution is…

Alt Text

U.S.-China Trade War Will Hurt Shale Drillers

The latest escalation in the…

Martin Tillier

Martin Tillier

More Info

Trending Discussions

How To Play The Trump Election In Oil & Gas?

How To Play The Trump Election In Oil & Gas?

Given what we know from the seemingly eternal Presidential election campaign it would seem that the answer to the question “What does Trump’s election mean for energy?” is an obvious one. As a candidate Donald Trump often referred to “…unleashing the power of America’s oil, gas and coal reserves…” and made it clear that his administration would be focused on traditional fossil fuel energy. The obvious conclusion from that is that we are about to enter a boom period for the energy markets and indeed stocks such as Exxon Mobil (XOM) and Chevron (CVX) have jumped over the last couple of days. The reality, though, may be somewhat different.

Energy is actually one area where a President, through their control of the EPA which regulates the industry, can really make a difference, but ultimately the energy industry still produces a commodity, so it is the market, not the politicians, that will set the tone. If Trump does what he says he will do and opens up Federal lands to drilling, roll back regulations on fracking, and encourage rather than opposes new pipeline projects it will certainly enable production and, to some extent, cut the costs of bringing some American oil to market. That doesn’t mean, though, that the immediate prospects for large integrated oil companies have improved.

First and foremost, all of those things will take time. Pipelines are not laid overnight, nor do new wells gush immediately. The…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News