The Biden administration agreed Wednesday night to ease sanctions on
Venezuela’s oil industry after the Maduro government promised reforms
allowing more competitive presidential elections next year. The policy
shift has drawn Republican pushback and questions about the impact on
global energy prices. POLITICO’s Ben Lefebvre breaks down the deal’s
energy ramifications for the United States and the world, along with the
GOP criticisms. Plus, the Biden administration will put nearly $3.5
billion toward hardening electricity infrastructure in a move it says
represents the largest-ever investment in the nation’s power grid.

 

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Catherine Morehouse is an energy reporter for POLITICO and the host of
the POLITICO Energy podcast.

Ben Lefebvre is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer. 

Kara Tabor is an audio producer for POLITICO.

Gloria Gonzalez is the deputy energy editor for POLITICO. 

Matt Daily is the energy editor for POLITICO.