General Discussion AGY, page-357

100% - they have the cash - lets go drilling.

Bloomberg) -- President Joe Biden’s plan to build out electric-vehicle infrastructure has triggered a fresh rally in a sector that’s already soared to unprecedented heights as investors pile into anything clean energy-related. Biden on Wednesday proposed spending $174 billion to promote EVs and increase the number of charging stations by 12-fold. It was the kind of big-government push charging companies and their investors have been yearning for.
The White House’s proposal promotes every aspect of the electric vehicle industry, from domestic battery production to auto factories and incentives for car buyers. It calls for a nationwide network of 500,000 charging stations, up from 41,000 available to the public today, according to government data.“ All the language and intentions I’ve seen and heard coming out of Washington D.C. lead me to believe that we’ll see more spending annually towards our industry than we’ve seen in the entire last 10 years,” said Beam Chief Executive Officer Desmond Wheatley during a conference call with analysts on Tuesday, before release of the plan.