Even with the Democratic candidate still uncertain, this November's US presidential election presents two distinctly divergent paths forward for global oil policy, David Goldwyn says on today's Platts Capitol Crude podcast.
Goldwyn, president of Goldwyn Global Strategies and chair of the Atlantic Council's energy advisory group, says a Trump victory will allow the Trump administration to fully implement its plans to expand US oil and gas production and cut environmental regulations.
A Democrat victory will lead to the launch of a national climate policy and strict new limits on energy infrastructure permitting and drilling on federal lands and waters.
Oil policy could also swing November's election, particularly in battleground states like Pennsylvania, Goldwyn says.
Goldwyn is the co-author of the new report: "Election 2020: What's at Stake for Energy."