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Photo: Wired

Iran War’s Fuel Costs Put Senate Races Under Pressure

The Iran war, now in its ninth month, has damaged energy infrastructure in the Middle East and left uncertainty over the Strait of Hormuz. Oil prices have stayed high, raising costs for American households and putting the war’s economic effects at the center of several tight midterm contests. The Center for American Progress estimates the conflict has cost each U.S. household at least $1,200.

In Texas, diesel prices have climbed more than 80% from a year ago and run roughly 10% higher than the U.S. norm, based on AAA figures. Gov. Greg Abbott declared a state of emergency over diesel costs. His challenger, Gina Hinojosa, has urged him to suspend the state diesel tax. Senate candidates James Talarico and Ken Paxton have also clashed over fuel prices and a possible federal tax suspension.

In Maine, heating oil serves more than half of households, and prices are nearly twice last year’s level. Republican Sen. Susan Collins faces Democrat Troy Jackson, while the White House has released heating oil reserves to temporarily ease prices. Mark Wolfe of the National Energy Assistance Directors Association has warned that Northeast households may pay $3.8 billion more for heating oil over the winter.

Fertilizer costs are also weighing on farmers in Ohio, Iowa and Illinois. Democratic campaigns have blamed Republican candidates’ support for attacks on Iran for higher costs, while the impact on farm voters remains uncertain. Wolfe is urging Congress to add $3 billion to federal heating assistance and expand eligibility temporarily. Damaged facilities and disrupted shipping could keep energy prices elevated even if the war ends.

Reported by Wired, The Guardian US, New York Post.

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