Biden wins – U.S. green future imminent, oil demand likely to rise

After several days of counting and anticipation, the United States of America have a brand-new President-elect – the Democratic Party candidate Joe Biden. With the White House now waiting for him, it is important to look at what a Biden win could mean to the oil and gas industry and the U.S. energy industry as a whole.

Although all votes have not been fully counted, Joe Biden has an unattainable lead over current U.S. President Donald Trump. As of 10 November, Biden has summed up 290 electoral votes while Trump has 214 – with 270 being the magic number needed to win.