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Ken Bone Was The Star Of The Debate For Energy Investors

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Ken Bone Was The Star Of The Debate For Energy Investors

While many Americans still can’t seem to agree on who the next president should be, undecided voter Ken Bone may have won over the entire country at Sunday’s debate when he asked a question about energy.

“What steps will your energy policy take to meet our energy needs while at the same time remaining environmentally friendly and minimizing job layoffs?” Bone asked.

Related Link: Which Candidate Are Gamblers Betting On In November?

Social media thoroughly seemed to enjoy everything about Bone, including his name, his red cardigan, his mustache and his disposable camera.

However, energy investors enjoyed Bone’s question most of all.

“I am for alternate forms of energy, including wind and solar, but we need much more than wind and solar,” Trump answered.

Trump, who has said that he believes climate change is a hoax created by the Chinese, blamed the EPA for killing American energy jobs.

“There is a thing called clean coal. Coal will last for 1,000 years in this country. Now we have so many more things, including natural gas” he added.

Clinton focused on energy independence, including the use of natural gas as a bridge from coal to renewable resources.

“I have a comprehensive energy policy, but it really does include fighting climate change because I think that is a serious problem,” Clinton explained.

“And I support moving toward more clean, renewable energy as quickly as we can, because I think we can be the 21st century clean energy superpower and create millions of new jobs and businesses.”

Here’s how shares of top energy ETFs reacted on Monday morning:

  • United States Oil Fund LP (ETF) (NYSE: USO) +3.0 percent
  • Energy Select Sector SPDR (ETF) (NYSE: XLE) +1.6 percent
  • Market Vectors-Coal ETF (NYSE: KOL) +1.2 percent
  • United States Natural Gas Fund, LP (NYSE: UNG) +1.8 percent
  • PowerShares WilderHill Clean Energy (ETF) (NYSE: PBW) +1.0 percent
  • Guggenheim Solar ETF (NYSE: TAN) +1.5 percent

A CNN/ORC post-debate poll shows that 57 percent of potential voters believe Clinton won the second debate compared to only 34 percent of voters who believe Trump won.

 

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