No blue wave under a possible Biden presidency may make it harder to pivot towards a greener economy — keeping fossil fuels around for longer, says one oil analyst.
“The president, if it is indeed Biden, he could scale back drilling on public lands — that is a possibility. There’s other measures that he could take to stop the progress of fossil fuels … but in general, green energy will struggle with a Republican Senate ” said Bob Yawger director of energy futures at Mizuho Securities. …read more
Source:: Yahoo Finance
