Joe Biden was the most-bullish President for oil in history ...Middle East

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Joe Biden was the most-bullish President for oil in history
Four years ago I wrote about: Why Joe Biden could be the most-bullish US President for oil in history.He was. Between his election and today, the price of crude nearly doubled. Shares of the XLE oil company ETF more than tripled.Of course, my case wasn't really about Biden, it was more about the pandemic demand rebound. Despite what the average American thinks, the President has little control over global oil prices; he did add some tougher regulations but US oil production is also at records, which is stronger than I thought it would be at the depths of the pandemic.In contrast, oil companies struggled in Trump's first term, falling dramatically. Of course that's also the pandemic effect bu

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