NEW YORK, Nov. 9, 2016 /PRNewswire/ -- Republican Donald Trump has won the U.S. presidential election in a surprise upset after polls had predicted a comfortable lead for his Democratic opponent, Hillary Clinton, the Associated Press is projecting.
* Letting markets decide what lands to drill* Dismantling U.S. Environmental Protection Agency (EPA) for over-regulating industry* 'America first' approach to trade policy While Trump has given few concrete details about his energy plans, his statements during the campaign indicate he would likely adopt policies that attempt to expand fossil fuel production, ease regulations on industry and roll back President Barack Obama's clean air policies. Here is a snapshot of some of Trump's energy-related statements: SUPPLYTrump has said he supports all forms of energy and wants the market to decide which ones succeed. He has promised to open all federal lands and waters to fossil fuel production, in contrast to Clinton, who had called for new, stricter limits on oil and gas production on public lands and indicated she wanted U.S. offshore production confined to only the Gulf of Mexico. Analysts say it is impossible to determine just how much of an impact a Trump administration may have on domestic supply because of a number of shifting factors, particularly prices. But Trump, widely seen as a far bigger supporter of the oil and natural gas industry, will likely rebuff any environmentalist attempts to curb domestic fossil fuel production and will likely give U.S. producers access to far more on and offshore plays than Clinton would have. "I think it's like the production of anything, if you have access to more of it, you're going to have more," North Dakota Representative Kevin Cramer, a Republican and top Trump energy adviser, told S&P Global Platts. "In fact, whether it correlates to more overall production or not, it certainly provides a diversity of opportunities for producers so that, with a low market price, they can pick the most productive places to drill with the greatest efficiencies." DEMANDTrump has said he will pursue a policy path to open up more U.S. lands and waters to drilling and, in turn, boost consumption of even cheaper domestic oil and other fossil fuels. Analysts say his broad plans to boost U.S. production and eliminate many of President Obama's regulatory efforts to combat climate change may result in less demand reduction than if Clinton were elected.