The stark difference between Hillary Clinton and Donald Trump was crystal clear when it came to energy before and after the election. Clinton wanted to killcoal, and since Trump was elected three coal companies stocks in particular didremarkably well in the market: Arch Coal (ARCH), Peabody (BTUUQ and Alliance Resource Partners (ARLP). While clean coal is a myth, and natural gas has been taking over coal since the fracking revolution began in the mid 2000s – Trump’s love for West Virginia coal miners has given those companies – and miners across America new life.
California as an example, which has billions of barrels of oil and trillion of cubic feet of natural gas off its coastlines, will vehemently fight President Trump and his pro-American energy administration. This is just one of the many legal battles the Trump administration may face from pro-environment-movement US states, and certainly California.