Will The Energy Transition Really Chip Away At Oil Demand?

U.S. President Joe Biden started his term in office at the beginning of 2021 by canceling the presidential permit for the Keystone XL oil pipeline, clearly stating his goal to promote clean energy solutions at the expense of oil and gas.     By the autumn of 2021, the Biden Administration was already calling on the OPEC+ group to produce more oil than planned to help American households see some relief at the pump, where gasoline prices shot up to a seven-year high.  The apparent clash of energy policies highlighted once…