- Some energy investors feared a Biden Presidency; they were wrong. Long energy into the election has been one of the best trades of 2020.
- With the (likely) odds of Republican senate and US Supreme Court backing, Biden can do little to disrupt current policy.
- Even if he could, it is not in the party's best interest to do so into the 2022 midterms, hence the "come together" messaging from Biden.
- There is still a massive amount of money to be made on a long energy trade.
For further details see:
President Biden And Energy: Coming Apocalypse Or An Inconsequential Event