Many of those voters want to hear that Biden is doing everything in his power to keep oil in the ground. As things stand now, Saudi Arabia is in no position to influence the US election by raising oil prices as the vote approaches, which typically irritates incumbents in the White House. Americans tell us why they're feeling better – or worse – about the economyA huge increase in US oil production has defied analysts' expectations and sent energy prices tumbling around the world. But the current surge in domestic oil production comes as the president's push to facilitate the transition to electric vehicles is falling short of expectations, creating an uncomfortable situation for the White House. “Record oil production stands in the way of the energy transition… ‘All of the above approaches’ lead to flip-flops on fossil fuels.

Source: Washington Post December 31, 2023 23:44 UTC