Unlike President Trump, Biden sees climate change as a reality and not a hoax. President Donald Trump delivers remarks about American energy production during a visit to the Double Eagle Energy Oil Rig on July 29 in Midland, Texas. First, a policy switch from energy dominance to energy transition means the U.S. dependence on Canada to meet its energy needs may in fact go up, at least in the short term. The Saudis could also feel the need to fight a battle for market share, generating further upheaval in the global crude markets. Post-Nov. 3, it's shaping up to be a different world, and the one sure thing is that the global energy market – including the sector in Canada – will need to be nimble and adapt.
Source: CBC News November 15, 2020 09:00 UTC