Oil And Gas: Huge Victors Of The Presidential Election

He could also weaken fuel economy standards for the U.S. vehicle fleet. Some automakers have already locked in some of the fuel efficiency gains from Obama-era policies, but the much tighter requirements for vehicles to be manufactured in the model years 2017-2025, which will require 54.5 miles per gallon by the end of that period, are up in the air under a Trump administration. Rolling back efforts to deal with climate change could mean a much greater dependence on oil, and higher demand will lead to higher prices. It will also mean a warmer world could be ahead of us.

Source: Oil And Gas: Huge Victors Of The Presidential Election