The oil and gas industry is bracing for a possible November victory by Joseph R. Biden Jr., who is leading in the polls and who officially accepted the Democratic nomination Thursday from Wilmington, DE.

Biden

Although energy policy has taken a backseat to the Covid-19 pandemic and economic hardship facing Americans, climate change has nonetheless garnered more attention this election than in any past cycle.

Biden is calling for aggressive action on climate and an emissions-free power sector by 2035, while President Trump has promised to continue a deregulatory agenda to promote oil and gas infrastructure, and exploration and production (E&P).

While Biden did not mention oil and gas in his acceptance speech to close out the Democratic National Convention, he stressed the urgency of...