Political Wire

  • Front Page
  • Members
    • Subscribe
    • Members FAQ
    • Sign In
    • Exclusive Analysis
    • My Favorites
  • Resources
    • Political Calendar
    • Political Job Hunt
    • Political Dictionary
    • Electoral Vote Map
  • Advertise
  • Newsletter
  • Contact Us
You are here: Home / Archives for Energy

A Hot, Deadly Summer With Frequent Blackouts

May 23, 2022 at 9:58 am EDT By Taegan Goddard Leave a Comment

Bloomberg: “Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies.”

“War. Drought. Production shortages. Historically low inventories. And pandemic backlash. Energy markets across the planet have been put through the wringer over the past year, and consumers have suffered the consequences of soaring prices. But, somehow, things are on track to get even worse.”

Filed Under: Energy

Russia Cuts Natural Gas to Finland

May 20, 2022 at 11:00 am EDT By Taegan Goddard Leave a Comment

“Russia will cut natural gas supplies to Finland on Saturday, the latest salvo in a growing confrontation between the two countries over the war in Ukraine,” the New York Times reports.

Filed Under: Energy, Foreign Affairs

Gasoline Tops $4 a Gallon in Every State

May 18, 2022 at 7:14 am EDT By Taegan Goddard Leave a Comment

“Gasoline pump prices have risen above $4 a gallon in all states in the US for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight,” Bloomberg reports.

Filed Under: Energy

Unlock Political Wire for more.

Join for as low as $6 per month. Learn more.

Already a member? Sign in here.

 

Gas Prices Hit New Record

May 10, 2022 at 1:24 pm EDT By Taegan Goddard Leave a Comment

Gasoline prices hit a new record on Tuesday just as Americans are entering peak summer driving season, CBS News reports.

The national average price for a gallon of gas hit $4.37, eclipsing a previous record set in early March.

Filed Under: Energy

Biden Plans to Refill Emergency Oil Reserve

May 5, 2022 at 9:35 am EDT By Taegan Goddard Leave a Comment

“The Biden administration plans to seek bids this fall to buy 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing America’s emergency oil reserve,” CNN reports.

“This would mark the first time since the early 2000s that the Energy Department has acquired large quantities of oil for the US Strategic Petroleum Reserve, the largest emergency supply of oil on the planet.”

Filed Under: Energy

Manchin Rejects Biden’s Electric Vehicle Tax Credit

April 29, 2022 at 12:04 pm EDT By Taegan Goddard Leave a Comment

Sen. Joe Manchin (D-WV) pushed back on President Biden’s proposal to expand the tax credit for electric-vehicles, calling the idea “ludicrous” and adding a new obstacle to White House plans for fighting climate change, Bloomberg reports.

Said Manchin: “There is a waiting list for EVs right now, with the fuel prices, but they still want us to throw a $5,000, or $7,000 or $12,000 credit for us to buy electric vehicles.”

He added: “When we can’t produce enough product for the people that want it and we’re still going to pay them to take it — it’s absolutely ludicrous in my mind.”

Filed Under: Energy

Exxon Mobil and Chevron See Big Jump In Profits

April 29, 2022 at 11:36 am EDT By Taegan Goddard Leave a Comment

“Exxon Mobil and Chevron, the largest U.S. oil companies, on Friday reported a second consecutive quarter of robust earnings as oil and natural gas prices continued to rise after the Russian invasion of Ukraine,” the New York Times reports.

Filed Under: Energy

Germany Drops Opposition to Embargo on Russian Oil

April 28, 2022 at 12:46 pm EDT By Taegan Goddard Leave a Comment

“Germany is now ready to stop buying Russian oil, clearing the way for a European Union ban on crude imports from Russia,” the Wall Street Journal reports.

“The German shift increases the likelihood that EU countries will agree on a phased-in embargo on Russian oil, with a decision possible as soon as next week… However, how quickly the bloc ends its Russian oil purchases, and whether it also uses measures such as price caps or tariffs, is still being negotiated. The U.S. is pressing its European allies to avoid steps that could lead to a protracted increase in oil prices.”

Filed Under: Energy, Foreign Affairs

Pelosi Nixes Gas Tax Holiday

April 28, 2022 at 12:24 pm EDT By Taegan Goddard Leave a Comment

Speaker Nancy Pelosi threw cold water on the idea of a national gas tax holiday, which some vulnerable House Democrats have embraced, Politico reports.

Said Pelosi: “There has been some interest in the holiday. The pros of it are that it’s good PR — you’re asking about it. The cons are that there’s no guarantee that the reduction in the federal tax would be passed on to the consumer. We have no evidence to think that the oil companies would pass that on to the consumer.”

Filed Under: Energy

Democrats Renew Push to Pause Gas Tax

April 28, 2022 at 6:46 am EDT By Taegan Goddard Leave a Comment

“Top congressional Democrats are exploring new proposals to suspend the gas tax and penalize giant energy corporations, hoping to lower prices as part of a broader effort to blunt the financial and political fallout from soaring inflation,” the Washington Post reports.

“Some in the party even are pushing to adopt the bills before Memorial Day weekend, a travel-heavy holiday that marks the beginning of summer. But they face an uphill battle, particularly in the Senate, where Republicans have exhibited little appetite for teaming up with Democrats and taking aim at the energy industry.”

Filed Under: Energy

Fight Back Against Soaring Energy Prices

April 27, 2022 at 11:24 am EDT By Taegan Goddard Leave a Comment

Sara Goddard offers 15 smart ways to reduce your energy use — while taking control of your soaring gas bills and helping the environment.

Filed Under: Energy

Russia Cuts Off Natural Gas to Poland and Bulgaria

April 26, 2022 at 11:35 pm EDT By Taegan Goddard Leave a Comment

“Infuriated by the West’s supply of arms and other support to help Ukraine resist invading Russian troops, Moscow on Tuesday took the fight to Europe’s economy, telling Poland and Bulgaria that it was halting supplies of natural gas, on which both countries and Europe in general are heavily dependent,” the New York Times reports.

“A decision by Russia’s energy behemoth Gazprom to cut off gas supplies to two countries that are both members of NATO and the European Union marks the first time that Moscow has directly and openly targeted Europe with its energy weapon. The move upends assurances by Moscow since the Soviet era that, no matter what the political climate, Russia could be counted on as a reliable supplier of natural gas.”

Washington Post: Russia accused of ‘gas blackmailing’ after cutting off Poland, Bulgaria.

Filed Under: Energy, Foreign Affairs

Biden Phasing Out Incandescent Lightbulbs

April 26, 2022 at 9:11 am EDT By Taegan Goddard Leave a Comment

Washington Post: “The new rules, which reverse a Trump-era policy, expand energy-efficiency requirements to more types of lightbulbs and ban the sale of those that produce less than 45 lumens per watt — a measure of how much light is emitted for each unit of electricity. This will eventually prohibit most incandescent and halogen lightbulbs and shift the country toward more efficient and compact fluorescent and LED bulbs.”

Filed Under: Energy

Manchin Explores Energy, Climate Package With GOP

April 26, 2022 at 7:14 am EDT By Taegan Goddard Leave a Comment

Sen. Joe Manchin (D-WV) “is exploring an energy and climate package aimed at winning enough Republican support to skirt the partisan budget reconciliation process that has held hostage hundreds of billions of dollars in potential spending on related priorities,” Bloomberg reports.

Filed Under: Energy, Environment, Senate

Wind Energy Is Booming In Deep Red States

April 22, 2022 at 12:00 pm EDT By Taegan Goddard Leave a Comment

CNN: “Far from the coasts, wind energy is thriving here in America’s heartland, on the vast plains of Oklahoma, Texas and Nebraska. Long an area devoted to oil and gas, Western Oklahoma is now home to one of the largest wind farms in the world.”

Filed Under: Energy

Germany Prepares for a Russian Gas Embargo

April 21, 2022 at 9:04 am EDT By Taegan Goddard Leave a Comment

Financial Times: “Talk of a full-scale embargo on Russian energy is spreading panic in Germany, which until the war received 55 percent of its imported gas from Russia. The fear is that any sudden gas shut-off could paralyze large parts of the country’s industry…”

“Germany also faces the risk that Russia could itself retaliate against western sanctions by unilaterally stopping the flow of gas to Europe. Either way, Berlin is facing a scenario unthinkable even a few weeks ago — a gas supply shock that would force it to ration energy to industry and could shutter some of the country’s largest factories.”

Filed Under: Energy

Biden Launches Effort to Save Distressed Nukes

April 20, 2022 at 9:30 am EDT By Taegan Goddard Leave a Comment

“The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change,” the AP reports.

Filed Under: Energy

Biden Plans to Open More Public Land to Drilling

April 15, 2022 at 5:02 pm EDT By Taegan Goddard Leave a Comment

“The Biden administration announced on Friday that it would resume selling leases for new oil and gas drilling on public lands, but would also raise the federal royalties that companies must pay to drill, which would be the first increase in those fees in more than a century,” the New York Times reports.

“The move comes as President Biden seeks to show voters that he is working to increase the domestic oil supply as prices surge in the wake of the Russian invasion of Ukraine. But it also violates a signature campaign pledge made by Mr. Biden as he sought to assure climate activists that he would prioritize reducing the use of fossil fuels.”

Filed Under: Energy

  • 1
  • 2
  • 3
  • …
  • 16
  • Next Page »


Classified Ads

☑️ Have you have ever wondered if or how the United States might break up? Now available as an audio book: A More Perfect Union: Reimagining The United States as a European Union-style Federation.

June 3

Place an ad.

Your Account

Sign in

Latest for Members

  • 2022 House Overview
  • A Few Thoughts for the End of the Week

About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Praise for Political Wire

“There are a lot of blogs and news sites claiming to understand politics, but only a few actually do. Political Wire is one of them.”

— Chuck Todd, host of “Meet the Press”

“Concise. Relevant. To the point. Political Wire is the first site I check when I’m looking for the latest political nugget. That pretty much says it all.”

— Stuart Rothenberg, editor of the Rothenberg Political Report

“Political Wire is one of only four or five sites that I check every day and sometimes several times a day, for the latest political news and developments.”

— Charlie Cook, editor of the Cook Political Report

“The big news, delicious tidbits, pearls of wisdom — nicely packaged, constantly updated… What political junkie could ask for more?”

— Larry Sabato, Center for Politics, University of Virginia

“Political Wire is a great, great site.”

— Joe Scarborough, host of MSNBC’s “Morning Joe”

“Taegan Goddard has a knack for digging out political gems that too often get passed over by the mainstream press, and for delivering the latest electoral developments in a sharp, no frills style that makes his Political Wire an addictive blog habit you don’t want to kick.”

— Arianna Huffington, founder of The Huffington Post

“Political Wire is one of the absolute must-read sites in the blogosphere.”

— Glenn Reynolds, founder of Instapundit

“I rely on Taegan Goddard’s Political Wire for straight, fair political news, he gets right to the point. It’s an eagerly anticipated part of my news reading.”

— Craig Newmark, founder of Craigslist.

Copyright © 2022 · Goddard Media LLC | Privacy Policy

Political Wire ® is a registered trademark of Goddard Media LLC