After a hard-fought campaign, voters today will decide whether Vice President Harris or former President Trump will be our next president.
Polls put the two neck and neck in key swing states. As of Tuesday, a model from The Hill and Decision Desk HQ gave Trump a 54 percent chance of winning.
Energy is just one among many policies at stake in the election, as the two candidates have presented a contrast on issues such as climate change.
Trump is likely to try to pursue more opportunities for fossil fuel production and could get rid of climate and other environmental protections.
Harris is likely to at least maintain Biden-era regulations, though her campaign has also said she'd like to pursue more energy production.
As far as oil goes, the election's consequences are more likely to be long-term as, in the short term, production is decided by private companies based on economic factors.
“Production is pretty much independent from whoever sits in the White House. It's much more dependent on oil prices and decisions that were made long ago,” Claudio Galimberti, chief economist and global director of market analysis at Rystad Energy, told The Hill on Tuesday.
Follow The Hill's full election coverage at TheHill.com.
