Biden presidency to cast shadow over shale
Mounting pressure from Democratic Party to tackle climate change threatens future of the sector
The 2020 US presidential contest presents the country’s shale patch with two stark alternatives: continued vitality versus gradual or rapid decline. This is in sharp contrast to the two previous US polls, when the industry had comparatively little to fear from a victory by either the Democratic or Republican candidates. A victory by Republican president Donald Trump would signal a continuation of policies that bolster and support the development of shale resources. For at least four more years there would be no significant federal government pressure on the oil and gas industry to reduce its carbon footprint. Federal action would favour the development of fossil fuel energy resources over vi
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
