Biden’s Infrastructure Bill is often painted as being anti-fossil fuels, but the truth is that the bill will provide a major boost to the oil and gas industry With plenty of the climate change provisions being removed from the bill or significantly weakened, it is primarily a bill that will spark an economic recovery and boost energy demand While environmentalists may be upset with how the bill has turned out, it is certainly still a step in the right direction for a country that claims to be determined to transition away from fossil fuels in the future While the Biden administration’s landmark Infrastructure Bill has been framed as anti-fossil fuels by the media as well as by politicians such as coal country’s Joe Manchin, oil has ironically surged on the back of the bill’s long-awaited passing. “This U.S. infrastructure bill screams bullish for oil,” Louise Dickson, senior oil markets […]