How rising oil prices are foiling Trump’s energy policy
5/8/202631 min
Oil prices continue to climb as a result of the Iran war. We discuss how that has interfered with President Trump’s planned energy policy. Plus, will the Republican presidential ticket have Vice President JD Vance or Secretary of State Marco Rubio at the top in 2028?
This episode: political correspondent Ashley Lopez, business correspondent Camila Domonoske, and White House correspondents Danielle Kurtzleben and Franco Ordoñez.
This podcast was produced by Casey Morell and Bria Suggs, and edited by Rachel Baye.
Our executive producer is Muthoni Muturi.
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Clips
Transcript preview
First 90 secondsDanielle Kurtzleben· Co-host0:00
This week on Consider This, everyday Americans are feeling it more, a wartime economy.
Camila Domonoske· Guest0:06
Energy prices in March went up over 10%. Energy flows into everything else that we buy.
Danielle Kurtzleben· Co-host0:14
The big picture on inflation, housing, and prices that aren't coming down. That's on Consider This. You can listen on the NPR app or wherever you get your podcasts.
Ashley Lopez· Host0:23
Hey, it's Ashley. Before we get started today, I wanna tell you about something. If the NPR Politics Podcast is a part of your weekly ritual, you can make it official on the NPR app. You'll hear about every episode the moment it's ready. Just turn on notifications and we'll handle the rest. See you there. Download the NPR app today. Okay, and here's the show. [upbeat music] Hey there, it's the NPR Politics Podcast. I'm Ashley Lopez. I cover politics.
Danielle Kurtzleben· Co-host0:51
I'm Danielle Kurtzleben. I cover the White House.
Ashley Lopez· Host0:53
And a very happy Friday to us all, including NPR's Camila Domonoske, who covers the auto industry. Hi, Camila. Thanks for joining us.
Camila Domonoske· Guest1:01
Hello.
Ashley Lopez· Host1:02
We wanna start our weekly roundup this week with a look at what the war in Iran is doing with the energy markets, and how that might run counter to what President Trump has said he wants for energy policy. Camila, let's start with oil. A lot of it comes through the Strait of Hormuz, and ship traffic through there is way down since the war with Iran started. What is that doing to energy prices?
Camila Domonoske· Guest1:25
Well, I mean, I think it's, it's no surprise to anybody, it has pushed them up, right?