From CNBC · Spencer Kimball · · 3m
Democrats set to investigate Trump's energy deals
When Democrats take control of Congress in January, they plan aggressive oversight of Trump administration energy sector interventions, from Venezuela oil to cancelled renewable projects.
In brief
When Democrats take control of Congress in January, they plan aggressive oversight of Trump administration energy sector interventions, from Venezuela oil to cancelled renewable projects. Democrats will use subpoena power from January committee control to investigate Trump's energy deals, including Venezuela oil…
Democrats gain power to investigate
When Congress convenes in January, Democrats will control committees and wield subpoena power to compel testimony and document disclosure from Trump administration officials.
Energy deals face scrutiny
Democrats have pressed the White House for months on the legality of its intervention in Venezuela's oil sector, cancellation of renewable energy projects and conflict of interest concerns in minerals deals.
Iran war and fuel prices

Crude oil prices fell sharply as markets expected Trump to cut a deal with Iran. Vice President JD Vance blamed the Republican loss directly on the war, which has hiked fuel prices.
Democrats plan war powers resolution
House Minority Leader Hakeem Jeffries said Democrats will end the Iran war and pass a war powers resolution, though Trump will almost certainly veto it.
“end this reckless and costly war of choice that has skyrocketed gas prices all across the country”
Venezuela oil deal questioned
Washington seized control of Venezuela's oil exports in January after ousting former President Nicolás Maduro.The Pentagon took a stake in North American Blue Energy Partners, or NABEP, supposedly giving the U.S.
Democrats demand Venezuela accounting
Democratic lawmakers have pressed the Trump administration for months to provide Congress with an accounting of how Venezuela's oil revenues have been spent, to no avail.
Critical minerals conflict concerns
Democrats raised conflict of interest concerns over Trump administration deals in the critical minerals sector, pointing to Commerce Secretary Howard Lutnick's involvement with Cantor Fitzgerald in multiple deals.
Lutnick dismisses allegations
Commerce Secretary Howard Lutnick told CNBC in September that when you do nothing wrong, you do not worry about it.He called Democratic concerns a waste of time trying to create something that does not exist.
“when you do nothing wrong, you don't worry about it and you don't care”
Cancelled renewable energy projects
The Trump administration cancelled nearly eight billion dollars of energy projects in states that supported Vice President Kamala Harris in the two thousand twenty four presidential election.
TotalEnergies offshore wind deal
The Interior Department paid TotalEnergies nearly one billion dollars to cancel an offshore wind project and stop investing in similar projects in the U.S. in the future. Total agreed to invest in natural gas instead.
Democrats launch wind power investigation
Rep. Jared Huffman and Rep. Jamie Raskin called the TotalEnergies deal unlawful and launched an investigation in April into the administration's efforts to kill offshore wind power in the U.S.
The big picture
Democrats will use subpoena power from January committee control to investigate Trump's energy deals, including Venezuela oil, critical minerals conflicts and cancelled renewable projects.


/https://i.s3.glbimg.com/v1/AUTH_37554604729d4b2f9f3eb9ad8a691345/internal_photos/bs/2026/0/A/BKzGCvS1mwY8PA23HvwQ/foto04bra-201-roadmap-a2.jpg)
/https://i.s3.glbimg.com/v1/AUTH_37554604729d4b2f9f3eb9ad8a691345/internal_photos/bs/2026/x/j/aED8bBRrSIT2fK7mObbQ/foto05agr-101-ouro-b11.jpg)