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Communicator

Categories:

Kokel, Nicolas

2024/08/07 03:18 PM

Former President Trump and Vice President Harris have opposing views on the oil industry.

US Presidential candidates have diverging views on the oil industry.

Trump supports expanding production, which could lower oil prices. Harris, who favors green energy, has previously supported a ban on fracking and could limit production. Under president Biden, the free cash flow of the top 10 oil and gas companies tripled in 3 years.

Trump proposes a 10% duty on all imports and a 60% duty on Chinese imports, which could reduce energy demand. Trump may tighten sanctions against Iran but ease measures against Russia.

#russia #iran #usa #trump #harris #potus #oilandgas #greenenergy #oilprice #fracking