Trump Wins: Here Are the Implications for the Energy Sector ...Middle East

OILPRICE - Economy
Trump Wins: Here Are the Implications for the Energy Sector
source : OILPRICE ( Middle East ) () 88
The Republican’s surprise election sweep (we were surprised, anyway) buoyed the markets. Given the sketchy nature of the policy proposals and the possibility that foreign policy will affect energy supply and demand, we decided to bring in our all round expert for a consultation, the legendary Question Man. Q. Drill, drill, drill and deregulation is good for oil, right?A. Well, it will reduce drilling and operating costs (no more pesky regulation) and open up more acreage for drilling. And that will increase oil supply without increasing demand,…

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