The Rising Influence of Rising Affluence

[OakesCS]

my magic 8-ball says that fate of HES stock price will be strongly affected by election outcome because a large fraction of Hess's production is from Bakken with another non-trivial fraction from the Utica. If Clinton is elected i suspect the EPA will go hog-wild on emissions and water regulations. Many of these new rules have already been drafted and the default is that they will be adopted. While there's no guarantee that Trump wouldnt quash those rules he's the only chance that those rules wont come into effect. Pipelines would enable some of the emissions problems to be solved but we've already seen how that game plays out.

PS: i dont see an imminent rebound of oil prices to $55+ and if that did happen, all oil industry stocks will go up so why pick one that is so heavily dependent on US production that isnt from Texas (where the gods of logistics and environmentalism have smiled upon producers)?