Checks and Balance: Oil be back

President Trump scored a big diplomatic win by pushing the main oil producing countries to agree to cut output. A price war between Saudi Arabia and Russia, combined with the slump in demand caused by the coronavirus, had halved oil prices. Trump said the deal would save thousands of American energy jobs. But pushing for higher oil prices in an election year is a ploy more common in Caracas or Moscow than Washington DC. Has Donald Trump made America an energy superpower? How reliable is his bet on oil as an electoral strategy? In this episode we assess Trump’s deal, trace the origins of America’s obsession with energy independence, and debate whether fossil fuels or climate consciousness will win more votes.  John Prideaux, The Economist’s US editor, hosts with Charlotte Howard, New York bureau chief, and Washington correspondent Jon Fasman. Read The Economist’s full coverage of the coronavirus. For access to The Economist’s print, digital and audio editions subscribe: www.economist.com/pod2020.  

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Om Podcasten

Checks and Balance unlocks American politics by taking a big theme each week and digging into the data, the ideas, and the history shaping the country.Join John Prideaux, Charlotte Howard, Idrees Kahloon and Jon Fasman as they talk to politicians, pollsters, academics and people across the country about the great experiment of American democracy. Published every Friday.If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.For more information about Economist Podcasts+, including how to get access, please visit our FAQs page here https://myaccount.economist.com/s/article/What-is-Economist-Podcasts. Hosted on Acast. See acast.com/privacy for more information.