Commodities Focus The global ripple effects of the 2024 US elections on energy
16 snips
Oct 16, 2024 Chris Vanmoessner, Editor of Oil Futures at S&P Global Commodity Insights, joins Corey Paul, Senior Editor of America's LNG News, and Kirsten Errick, Renewable Energy and Climate Reporter, to discuss how the 2024 US elections could reshape global energy markets. They delve into the candidates' contrasting policies on oil sanctions and LNG exports. The group also explores the implications of solar tariffs and potential geopolitical shifts, revealing how these factors could influence prices and supplies across the energy sector.
AI Snips
Chapters
Transcript
Episode notes
Oil Sanctions Impact
- Trump's potential return to maximum pressure sanctions could impact Iranian crude output.
- However, increased Iranian evasion and potential OPEC output increases might limit price effects.
Russia Sanctions
- Harris might impose more sanctions on Russia, aligning with potential EU actions.
- Trump might ease or lift sanctions if a peace deal with Ukraine emerges.
LNG Export Permits
- Biden's pause on LNG export permits created uncertainty about the US's future market share.
- Trump would likely approve permits quickly, while Harris's approach is less clear but may involve more scrutiny.