The fossil fuel industry’s outsized influence on U.S. elections is a clear and present threat to the health of American democracy. That’s not just because of the $90.4 million that oil and gas companies have poured into lobbying in 2022 alone, or the fact that fossil fuel companies donated five times more to Republicans than Democrats this cycle. It goes beyond the open corruption of elected officials offering targeted handouts to industry allies. In 2022, we’ve seen just how easy it is for fossil-fueled regimes to manipulate prices and public opinion.
Gas prices are linked with voters’ approval of incumbent politicians; when gas is more expensive, poll numbers tend to decline. America’s dependence on oil and gas leaves us vulnerable to that dynamic, and our democracy hangs on the decisions of petro-dictators abroad. OPEC+’s recent decision to constrain oil output is the most glaring example yet: an international coalition led by Saudi Arabia and Russia raising fossil fuel prices just before the 2022 midterms, likely to an extent that will turn public opinion against President Biden. The core takeaway: as long as our economy is dependent on fossil fuels, foreign powers with sway over global fossil fuel markets will have the power to meddle in our democracy.
The outsized political implications of fossil fuel industry greed are a threat to American democracy. The only long-term solution is a full shift to a clean energy economy, and President Biden must do everything in his power to hasten that transition.