With the top of the Republican ticket now settled, investors are trying to determine what Trump-Vance administration may mean for the economy if they win in November. Considering former President Trump has been on record as disliking President Biden's EV and green initiatives, the energy sector may be one that sees some of the biggest changes.
Former Supreme Allied Commander Europe for NATO retired General Wesley Clark, who is now the Chairman and Founder of Enverra, joins Catalysts to give insight into the energy, EVs, and a potential Trump presidency.
On the LNG market if Trump is elected , Clark says permitting will be relaxed and "there'll be more opportunities for exploration in the United States and waters offshore of the United States. We expect to see energy, hydrocarbon production go up in the United States and more exports of LNG. So there's a lot of LNG terminals out there waiting... Some have been permitted, can't get financed, because they don't have long-term contracts overseas. Somehow, though, President Trump's going to have to balance this, "America First" put up the tariff wall with the desire to export LNG."
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This post was written by Nicholas Jacobino