Biden tacks left on energy
The Democratic candidate has a healthy lead heading towards the November US election and a manifesto that will strike fear into the heart of the shale patch
The probability of a Joe Biden presidency appears to be increasing with every passing week, with President Donald Trump’s handling of Covid-19 and the Black Lives Matter protests and the collapse of the US economy hammering him lower in the opinion polls. The prospect of a Democratic win will start to make many in the energy sector feel uneasy. Biden has pledged to reverse much of Trump’s energy policy, upend the US’ energy mix and stimulate a low-carbon revolution over the medium to longer-term if he takes the presidency. Biden’s proposed policies would likely have a smaller direct impact on US oil and gas output, at least in the short-term. Offshore drilling and production will be hit sig
Also in this section
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
2 March 2026
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
