Politico August 31, 2026 • 02:00

Is electricity dimming oil’s political power? - Politico

By Benjamin Storrow

Is electricity dimming oil’s political power? - Politico

Surging power demand is turning electricity prices into a political flashpoint across the U.S. and Europe.

Oil is still king of global energy markets, and politics. But a shift is underway. Last year, global electricity demand grew at twice the pace of total energy demand, as new industries hoover up elec… [+2307 chars]

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