Oil Prices Continue to Fall as Democratic Sweep Shakes Energy Markets

S. S. policies. 35 per barrel, after shedding 8% on Wednesday, following the Democrats’ majority in both houses. S. foreign policy, and energy policy, too. The expectations on the latter were driven by the landslide victories of Democrat candidates in Texas and Georgia, after they ran on platforms featuring opposition to new data center construction.

Data centers have been the focus of natural gas demand projections over both the short and long term. While limiting new data center construction may be relatively easy, ending the war with Iran might prove a lot trickier. As suggested by the latest moves in oil and energy stocks, hopes are running high, but some analysts have warned the election results might in fact push President Trump closer to choosing escalation instead of de-escalation.