Trump, Clinton offer policies that could hamper energy sector

Democratic presidential nominee Hillary Clinton supports stricter regulations on the energy sector than does her Republican opponent, but Donald Trump’s desire to tear up international treaties also would hurt the oil, gas and petrochemical industries, according to a report from Moody’s Investor Service.

Both candidates oppose the pending Trans-Pacific Partnership, which if scuttled could hamper trade with Asia, the report said. And Trump’s plan to renegotiate the North American Free Trade Agreement would further hurt the oil industry, according to Moody’s.

“A renegotiation of NAFTA, as proposed by Trump, would be credit-negative for the oil industry,” the report stated. For instance, about one-third of U.S. petroleum imports come from Canada. “Consequently, in the event that trade agreements were renegotiated, there would be potential for disruption in petroleum product imports, an important source of supply.”

http://fuelfix.com/blog/2016/09/22/trump-clinton-offer-policies-that-could-hamper-energy-sector/