Senate wins bolster Biden’s energy agenda
The Democrat victories in Georgia dramatically change the political picture but do not pose an existential threat to the shale patch
US president-elect Joe Biden is in a stronger position to pursue his legislative agenda following the Democrats’ double victory in the Georgia Senate runoff elections in the first week of January. The resulting 50-50 Democratic/Republican split in the Senate means incoming Vice-President Kamala Harris' tie-breaking vote gives her party control by the narrowest of margins. But the Senate upset does not entirely remove all the hurdles ahead for Biden. “The narrow majority the Democrats have secured in the Senate is still well short of the 60+ seats they would need for a filibuster-proof majority that would allow them to get Biden’s proposed $2tn climate plan or other ambitious legislation appr
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
