The election of Donald J Trump to the Presidency of the USA will...

The election of Donald J Trump to the Presidency of the USA will have implications for PCL in my humble opinion.
The decision to lift the 50% electric vehicle directive will encourage the US Oil industry to lift production.
I think that this will cause the price of oil to fall ..... but how far .... is anyone's guess .....
The Tax incentives which will be offered to companies to become US based might just entice WDS to transfer their Head Quarters to Austin Texas where their analytical headquarters is based (They bought out the BHP interests) and they are drilling in the Gulf of Mexico(America maybe).
The global ramifications for corporate Taxation will have a domino effect as Companies change their registration to American ..... the attempt by Europe to put in place a uniform global tax regime at a uniform rate will fall by the wayside.
The implications for PCL will be interesting as to the speed of development as Trump is hell bend on the America first idea.
WDS may decide to drill and develop more of their Gulf of Mexico(GoM) leases in priority to drilling Namibia.
I am also of the opinion that WDS will not announce their decision to become a partner until the 18 May or close to it. Which like everyone else I find frustrating ...... but the contract is what it is.
I am concerned that PCL are going to open up their data room without releasing to the ASX the detail of the results of the analysis of the 3D seismic.
I'm of a mind to ask Oldgeo, V10, Gibby and Alexii to come with me to enter the data room when it is open to see just what is there ......