The U.S. leads the world in oil and gas production. This enabled Texas by itself to provide a natural gas lifeline to Europe after Russia’s 2022 invasion of Ukraine destabilized energy markets, in part due to a near ten percent decline in Russian oil and gas production.
For a critical sliver of the Republican majority, the impending expiration of what are called enhanced premium tax credits after Dec. 31 is a pressing concern as they potentially face headwinds in a 2...