Will Biden's Infrastructure Plan Threaten The U.S. Oil Industry?

Much was made about the impact of Biden's infrastructure bill on the U.S. oil and gas industry, but details suggest there is nothing to worry about.Chart of the Week-     The long-awaited bipartisan infrastructure bill worth more than $1 trillion was opened for debate on the Senate floor yesterday.  -     Unless the bill’s provisions get tightened, the scope of potential demand destruction for the oil industry remains narrow – the $10 billion allotted for electric vehicle infrastructure might be perceived…