The Center for Excellence in Project Execution (CEPEX) analysis indicates that the future of Alberta oil sands and global oil may be shaped, in near and long term, by the outcome of US presidential election on November 8. A victory for the Democratic party candidate would continue the status quo for oil and fossil fuels. But an unlikely victory for the Republican may turn out to be a watershed moment and more importantly lead to a change of narrative for Alberta oil sands and global oil.