Energy Market Assesses Trump Win
Abhishek Deshpande, chief energy analyst at Natixis, discusses rebalancing in the oil market, what a Donald Trump presidency would mean for energy markets and the potential outcome of the OPEC meeting at the end of the month. He speaks to Manus Cranny on “Bloomberg Markets: Middle East.”
joe on Thu, 10th Nov 2016 6:27 am
One sentence. Tax cuts, fracking on federal land, Iran sanctions, chaos in the middle east. Nothing will really change because very little can be done against the tide of adding a billion people every 15 years……
Oil growth is harder because the limits of growth, we a running out of places to sell oil because the undeveloped areas cant be developed. Massive over production of food and over abundance of energy is causing overpopulation and not enough development is causing more poverty and systemic issues.
rockman on Thu, 10th Nov 2016 9:25 am
Joe – Well said. I’ve been watching elections during my 40 years hunting oil/NG. And despite all the anti-oil and anti-environmental regs rhetoric thrown around from both sides of the fence I’ve yet to see any political policy overcome to any meaningful level the combined dynamics of geology and economics.
For instance IMHO it’s rather unlikely US oil and NG gains seen during Presidernt Obama’s (the “greenest” POTUS in history) time in office will be matched during the term of President-elect Trump.
Mark on Thu, 10th Nov 2016 10:26 am
Hey wait. Won’t America be great again?
Oil (and money) will be falling from the sky!
Anonymous on Thu, 10th Nov 2016 6:42 pm
The reason you have not seen any substantial change, despite all the ‘anti-oil and anti-environmental regs? (didnt you mean ‘pro-environmental?), is simple.
Your oily masters at exxon, bp chevron shell, the koch assholes etc, have also been there along, watering down and defeating any kind of progress on that very large issue. As you well know, the oil industry itself writes many of the same ‘regs’ that the regime in washingdum, only half-heartedly enforces. Since compliance with actual direct regulations, again, as you know full well, is largely voluntary, you can imagine the level of compliance with laws designed to regulate their activities. You and your buddies have been working non-stop for decades to weaken environmental laws and agencies. And successfully too.
The so-called ‘EPA’ works FOR corporate polluters now, not ‘against’ them. In my country, the oil companies managed to install one of their own, the odious stephan harper. Dick Cheny used political office to advance uS oil interests using lethal military force, , special forces murder teams, and no bid hidden contracts to funnel fortunes worth to big oil.
What hope do a few toothless ‘anti-oil regs’ and intentionally underfunded govt agencies have vs the entrenched corruption of rockman and his masters?
Kenz300 on Sat, 12th Nov 2016 11:44 am
Wind and solar are safer, cleaner and cheaper.
Electric vehicles and solar powered homes and businesses are the future.
Cheaper will win.