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IMF Sees Oil Prices At $40-50 Next Year

IMF Sees Oil Prices At $40-50 Next Year

Oil prices are not expected…

China’s Oil Imports Are Falling

China’s Oil Imports Are Falling

China, which has been on…

Voters Favor Obama over Romney on Energy

US voters apparently favor President Barack Obama’s energy policy over the energy independence plan unveiled by Republican presidential candidate Mitt Romney, according to two new polls conducted this week. 

According to a Washington Post/ABC News poll, 49% of registered voters surveyed preferred Obama’s energy policy, while 41% preferred Romney’s. Voters were specifically asked who they trust more to come through with a successful energy policy.

In the same poll that considered adults who are both registered voters and non-registered voters, 49% chose Obama’s energy plan, while 37% chose Romney’s.

In a separate poll conducted by USA Today/Gallup, 53% of those surveyed preferred Obama’s energy plan, to 40% for Romney. This particular poll was conducted before Romney unveiled his energy independence plan.

On Thursday, Romney unveiled his much-talked-about energy plan, a 21-page white paper that focuses on drilling and makes no mention of climate change and only a vague mention of renewable energy efforts.

Obama’s policy is nearly the flip side, focusing on supporting renewable energy at the expense of fossil fuels, though it is described as an “all-of-the-above” strategy to expand domestic energy production.

By. Charles Kennedy of Oilprice.com



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