The battle lines are already drawn in a high-stakes political contest that will ostensibly determine the fate of the American shale industry. On the blue corner is former VP Joe Biden, who has not only pledged to steer the U.S. to a net-zero carbon emissions status by 2050 but is also hell-bent on stopping key oil and gas projects on federal lands and waters including the controversial Keystone XL . In the red corner is President Trump, who has taken credit for the spectacular surge in U.S. shale oil production, rolled back a raft of regulations on the fossil fuel sector, and sworn to continue doing so if re-elected. The dynamics in the oil and gas sector have, in the past, determined the outcomes of U.S. presidential elections , which in this case appear to favor Trump courtesy of prevailing low gas prices. The outcome of the elections might, […]