2020 US Election: What could it mean for the oil industry?
As the November election looms nearer we compare the two main candidates policies on shale oil
As the US shale oil industry struggles with unprecedented changes and a wave of bankruptcies its future remains up for debate. Joe Biden has a large lead in the polls going into the November election but has maintained non-committal stances on fracking and shale oil. Sometimes he is for, sometimes he is against. Whereas President Donald Trump has made his support of shale oil clear, but over the course of the coronavirus pandemic his administration has been dogged by accusations of abandoning the industry.
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