NEW YORK, Jan. 20, 2017 /PRNewswire/ -- President Donald Trump's inauguration Friday raises the specter of one of the most significant shifts in the direction of oil policy in decades, and the power and natural gas sectors are poised for changes in policy direction and regulatory oversight, according to S&P Global Platts Fact Boxes.
Average Commodity Prices During Trump and Obama Presidential Terms |
|||||
Trump |
Obama |
||||
Commodity |
Unit |
Jan 19, 2017 |
Jan 20, 2017 – present* |
Jan 20, 2009 – |
|
Oil, Dated Brent |
$/b |
53.31 |
— |
83.63 |
|
Fuel Oil, NY 3% |
$/b |
47.03 |
— |
67.52 |
|
Jet Fuel, NJ Buckeye pipeline |
¢/gal |
153.38 |
— |
226.41 |
|
Gasoline, Chicago CBOB |
¢/gal |
143.45 |
— |
230.22 |
|
Ethanol, Chicago Terminal |
¢/gal |
145.25 |
— |
208.14 |
|
Natural Gas, Henry Hub TDt Com |
$/MMBtu |
3.22 |
— |
3.55 |
|
Coal, Thermal CAPP rail (CSX) |
$/st |
61.75 |
— |
56.41 |
|
Aluminum P1020 US Trans Premium |
¢/lb |
9.00 |
— |
10.07 |
|
Gold, COMEX |
$/oz |
1216.10 |
— |
1325.79 |
|
Iron ore, IODEX 62% Fe |
$/dmt |
80.65 |
— |
108.99 |
|
Steel, US hot-rolled coil |
$/st |
630.00 |
— |
597.78 |
|
*Running average to be determined; updated monthly |
|||||
Source: S&P Global Platts |
|||||
Visit S&P Global Platts' The Barrel blog (http://blogs.platts.com/) to see the above price series updated monthly. |
Trump Inauguration: The Trump Cabinet picks who may shift US policy
http://www.platts.com/news-feature/2017/oil/us-election-2016/inauguration-cabinet-picks-us-policy
Trump Inauguration: New US administration may bring major US oil policy changes
http://www.platts.com/latest-news/oil/washington/trump-inauguration-new-us-administration-may-21663484
Trump Inauguration: Trump promises to embrace shale revolution
http://www.platts.com/latest-news/natural-gas/washington/trump-inauguration-trump-promises-to-embrace-21663786
Trump Inauguration: Trump starts US presidency with promise of trade protectionism
http://www.platts.com/latest-news/metals/washington/trump-inauguration-trump-starts-us-presidency-21663476
Trump Inauguration: US power, natural gas poised for change under Trump administration
http://www.platts.com/latest-news/electric-power/washington/trump-inauguration-us-power-natural-gas-poised-21665954
Trump Inauguration: Positive signs for gas sector as power transfers
http://www.platts.com/latest-news/natural-gas/washington/trump-inauguration-positive-signs-for-gas-sector-21666338
Commodity Prices:
http://blogs.platts.com/2017/01/20/presidents-trump-obama-commodity-prices/
Visit the S&P Global Platts "U.S. Election 2016 and Trump Administration" page (http://www.platts.com/news-feature/2017/oil/us-election-2016/index) of the Platts website for regular updates on energy, metals and agriculture cabinet, policy, regulation and outlook developments. The page includes a full history of key articles on the election, cabinet nominations, policy positions, regulatory implications and more.
For more information on crude oil, visit the S&P Global Platts website at www.platts.com.
Contact
Americas: Kathleen Tanzy, + 1 917 331 4607, [email protected]
About S&P Global Platts
At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.
S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.platts.com.
SOURCE S&P Global Platts
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