Where the Candidates Stand on Oil, Energy

The video discusses Joe Biden's ambitious climate goals, including a $2 trillion investment in clean energy and transitioning away from the oil industry. It contrasts Biden's approach with President Trump's support for the oil sector, highlighting job losses and the impact of COVID-19. The energy transition is already underway, with renewable energy indices outperforming traditional markets. The discussion covers potential policy impacts on drilling costs, federal land use, and methane emissions, emphasizing the economic implications for oil companies.

What is one of Joe Biden's major goals for the energy sector?

• Ban all forms of renewable energy

• Invest over 2 trillion dollars in clean energy

• Increase federal subsidies for the oil industry

• Reduce investment in clean energy

What is a potential consequence of Biden's energy policies?

• Increased drilling on federal lands

• Higher costs for drilling wells

• More subsidies for the oil industry

• Faster pipeline approvals

How does President Trump's approach to the oil industry differ from Biden's?

• Trump aims to increase reliance on foreign oil

• Trump is a strong supporter of the oil industry

• Trump plans to ban fracking

• Trump supports reducing oil industry jobs

What significant change occurred in the oil and gas extraction sector before COVID-19?

• Increase in oil prices

• Gain of 48,000 jobs

• Increase in federal subsidies

• Loss of 48,000 jobs

What does the performance of the renewable energy and clean technology index suggest?

• It is outperforming the S&P

• It is underperforming compared to the S&P

• It has no impact on the market

• It is declining rapidly