Brace for Impact: Analyst Warns of Impending Energy Deflation Regardless of Trump or Harris Victory!
Table of Contents The Current Energy Landscape Gasoline Prices on a Downward Trend Global Demand Influences Price Declines Revised Forecasts Amidst Price Volatility Candidates' Stances on Domestic Production Energy Prices Ahead of the 2024 Election: Insights and Predictions As the race for the 2024 presidential election heats up, candidates are making bold promises regarding energy policies. Former President Donald Trump has reiterated his commitment to "drill, baby, drill," aiming to reduce energy costs significantly. In contrast, Vice President Kamala Harris has assured voters that fracking will remain a viable option under her administration. The Current Energy Landscape Despite these political pledges, analysts suggest that energy prices are likely to decline regardless of who takes office next year. Tom Kloza, head of global energy analysis at OPIS, noted in an interview with Yahoo Finance that whoever wins in November will benefit fr...