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The country votes to annex their oil-rich neighbor, Guyana.

Under pressure from the U.S. to hold a free and fair election, Venezuela’s President Nicolás Maduro upped the ante. On Sunday, the nation went to the polls — to vote to invade its neighbor and the world’s newest petrostate, Guyana.
Approval was seemingly swift and suspiciously overwhelming. According to the Venezuelan National Electoral Council, the ballot’s five-question referendum — which culminated in asking if Caracas should incorporate Guyana’s Essequibo region “into the map of Venezuelan territory” — passed by a margin of 95%.
Calling the vote a free or fair election might be a bit of a stretch; local opponents seized on the fact that the National Electoral Council touted “10.5 million votes cast,” rather than the overall number of voters, meaning that — given the five ballot questions — potentially as few as 2 million people actually turned out to vote in the nation of 28.2 million. Reuters also reported that lines were scarce at voting centers.
Still, snatching the Essequibo region, which makes up about two-thirds of Guyana and is roughly the size of Florida, is popular among Venezuelans due to a controversial 1899 decision by an international tribunal that gave the territory to what was then the British colony of Guiana. Venezuelans have long considered themselves to have been swindled by Western powers in the deal, with decades of revanchist schooling and local propaganda making the Essequibo issue an easy and appealing way for Maduro to shore up domestic support.
It remains unclear, though, how far Venezuela might go in the enforcement of its claim on the land, CNN notes. International Court of Justice President Joan E. Donoghue has nevertheless warned that Caracas appears to be “taking steps with a view toward acquiring control over and administering the territory in dispute.” Comparisons to Russia’s invasion of Ukraine and Argentina’s 1982 invasion of the Falkland Islands are already popping up, with commentators wondering what President Biden will do if the crisis escalates to actual fighting — and on America’s hemispheric doorstep, no less.
Many experts on the region also say the referendum, and any ensuing land grab, are distractions meant to bolster nationalist sentiment and Maduro’s popularity during a time of domestic turmoil and outside pressure for a leadership change. But it’s hardly a coincidence that the land in dispute is oil-rich — and newly considered to be so. Guyana was a poor, remote, and tiny neighbor to Venezuela before the discovery of oil offshore (and in Essequibo) in 2015. Now the country is thought to be sitting on 11 billion recoverable barrels and international oil companies are jostling for a go at the reserves, even as Guyana faces the irony of being especially susceptible to climate change.
The easy comparison between the two oil states makes the situation even more bruising for Caracas: Guyana is now “set to surpass the oil production of Venezuela,” CNN writes, while the latter country’s production has dropped from a height of 3 million barrels per day in 1999 to a mere 700,000 barrels per day this year, due to ongoing mismanagement and U.S. sanctions. No wonder the oil reserves just across the border look so tempting.
Perhaps, then, this will be the way the world’s next oil war starts: Not with a bang but with a vote.
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Mikie Sherrill used her inaugural address to sign two executive orders on energy.
Mikie Sherill, a former Navy helicopter pilot, was best known during her tenure in the House of Representatives as a prominent Democratic voice on national security issues. But by the time she ran for governor of New Jersey, utility bills were spiking up to 20% in the state, putting energy at the top of her campaign agenda. Sherrill’s oft-repeated promise to freeze electricity rates took what could have been a vulnerability and turned it into an electoral advantage.
“I hope, New Jersey, you'll remember me when you open up your electric bill and it hasn't gone up by 20%,” Sherrill said Tuesday in her inauguration address.
Before she even finished her speech, Sherrill signed a series of executive orders aimed at constraining utility costs and expanding energy production in the state. One was her promised emergency declaration giving utility regulators the authority to freeze rate hikes. Another was aimed at fostering new generation, ordering the New Jersey Board of Public Utilities “to open solicitations for new solar and storage power generation, to modernize gas and nuclear generation so we can lower utility costs over the long term.”
Now all that’s left is the follow-through. But with strict deadlines to claim tax credits for renewable energy development looming, that will be trickier than it sounds.
The One Big Beautiful Bill Act from last summer put strict deadlines on when wind and solar projects must start construction (July 2026), or else be placed in service (the end of 2027) in order to qualify for the remaining federal clean energy tax credits.
Sherrill’s belt-and-suspenders approach of freezing rates and boosting supply was one she previewed during the campaign, during which she made a point of talking not just about solar and battery storage, but also about nuclear power.
The utility rate freeze has a few moving parts, including direct payments to offset bill hikes that are due to hit this summer and giving New Jersey regulators the authority “to pause or modify utility actions that could further increase bills.” The order also instructs regulators to “review utility business models to ensure alignment with delivering cost reductions to ratepayers,” which could mean utilities wind up extracting less return from ratepayers on capital investments in the grid.
The second executive order declares a second state of emergency and “expands multiple, expedited state programs to develop massive amounts of new power generation in New Jersey,” the governor’s office said. It also instructs the state to “identify permit reforms” to more quickly bring new projects online, requests that regulators instruct utilities to more accurately report energy usage from potential data center projects, and sets up a “Nuclear Power Task Force to position the state to lead on building new nuclear power generation.”
This combination of direct intervention to contain costs with new investments in supply, tough language aimed at utilities and PJM, the electricity market New Jersey is in, along with some potential deregulation to help bring new generation online more quickly, is essentially throwing every broadly left-of-center idea around energy at the wall and seeing what sticks.
Not surprisingly, the orders won immediate plaudits from green groups, with Justin Balik, the vice president of action for Evergreen States, saying in a statement, “It is refreshing to see a governor not only correctly diagnose what’s wrong with our energy system, but also demonstrate the clear political will to fix it.”
A third judge rejected a stop work order, allowing the Coastal Virginia offshore wind project to proceed.
Offshore wind developers are now three for three in legal battles against Trump’s stop work orders now that Dominion Energy has defeated the administration in federal court.
District Judge Jamar Walker issued a preliminary injunction Friday blocking the stop work order on Dominion’s Coastal Virginia offshore wind project after the energy company argued it was issued arbitrarily and without proper basis. Dominion received amicus briefs supporting its case from unlikely allies, including from representatives of PJM Interconnection and David Belote, a former top Pentagon official who oversaw a military clearinghouse for offshore wind approval. This comes after Trump’s Department of Justice lost similar cases challenging the stop work orders against Orsted’s Revolution Wind off the coast of New England and Equinor’s Empire Wind off New York’s shoreline.
As for what comes next in the offshore wind legal saga, I see three potential flashpoints:
It’s important to remember the stakes of these cases. Orsted and Equinor have both said that even a week or two more of delays on one of these projects could jeopardize their projects and lead to cancellation due to narrow timelines for specialized ships, and Dominion stated in the challenge to its stop work order that halting construction may cost the company billions.
The decision marks the Trump administration’s second offshore wind defeat this week.
A federal court has lifted Trump’s stop work order on the Empire Wind offshore wind project, the second defeat in court this week for the president as he struggles to stall turbines off the East Coast.
In a brief order read in court Thursday morning, District Judge Carl Nichols — a Trump appointee — sided with Equinor, the Norwegian energy developer building Empire Wind off the coast of New York, granting its request to lift a stop work order issued by the Interior Department just before Christmas.
Interior had cited classified national security concerns to justify a work stoppage. Now, for the second time this week, a court has ruled the risks alleged by the Trump administration are insufficient to halt an already-permitted project midway through construction.
Anti-offshore wind activists are imploring the Trump administration to appeal this week’s injunctions on the stop work orders. “We are urging Secretary Burgum and the Department of Interior to immediately appeal this week’s adverse federal district court rulings and seek an order halting all work pending appellate review,” Robin Shaffer, president of Protect Our Coast New Jersey, said in a statement texted to me after the ruling came down.
Any additional delays may be fatal for some of the offshore wind projects affected by Trump’s stop work orders, irrespective of the rulings in an appeal. Both Equinor and Orsted, developer of the Revolution Wind project, argued for their preliminary injunctions because even days of delay would potentially jeopardize access to vessels necessary for construction. Equinor even told the court that if the stop work order wasn’t lifted by Friday — that is, January 16 — it would cancel Empire Wind. Though Equinor won today, it is nowhere near out of the woods.
More court action is coming: Dominion will present arguments on Friday in federal court against the stop work order halting construction of its Coastal Virginia offshore wind project.