20.10.2016 - Who’s better for the oil market: Clinton or Trump?
Figuring out which U.S. presidential candidate is the best choice for the oil market isn’t quite as easy as you might think. With his goal to make the U.S. completely energy independent and remove restrictions on drilling on federal land, Republican nominee Donald Trump looks to be the candidate most likely to benefit the oil market. Democratic nominee Hillary Clinton’s plans to make the country a “clean energy superpower,” however, could actually give oil a much needed price boost. “Clinton policies would tend to keep prices higher than Trump policies, which would benefit those who hold existing oil assets and penalize consumers,” said Milton Ezrati, chief economist at Wall Street consulting firm Vested, based in New York..........................................Full Article: Source
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