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Republicans Dismiss Energy Cost Concerns

March 3, 2026 · 11:55 am ET · Leave a Comment

“When the U.S. and Israel launched a wave of strikes on Iran over the weekend, some Democrats warned about the impact on energy costs. Now that those predictions have come to pass with an uptick in global prices for natural gas and crude oil, Democrats are pouncing — and Republicans are pushing back,” Politico reports.

“Senate Majority Leader John Thune (R-S.D.) started to set the tone for the GOP’s messaging Monday afternoon, saying he expected prices to return to prewar levels soon.”

Said Thune: “I think that there will be, hopefully, a cessation of this in the not-too-distant future, at which time my assumption is that that’ll stabilize a bit. Anything that happens in the Middle East seems to set off an increase in oil prices.”

Energy

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Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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