One of Houston’s top oil bankers sees reality setting in for the Biden administration as its green push collides with the deep roots of America’s fossil fuel economy.

After having a front-row seat to the country’s oil boom over the past decade as chair of Tudor, Pickering Holt & Co., a leading investment bank to the shale patch, Bobby Tudor now wants Houston to profit off the energy transition in the same way the city has profited from the age of oil.

But in Washington he thinks the Biden administration is only beginning to come to grips with how difficult the politics of that transition will be.

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