OilPrice reporter Irina Slav explains how geopolitics is beginning to upend global LNG markets, as trade tensions between the U.S. and Europe spill directly into energy flows. Read more in OilPrice here.
Author: Oil Price
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U.S. Energy Secretary Pushes Back on the EIA’s Oil Decline Narrative
Energy Secretary Chris Wright does not expect U.S. crude oil production to decline in 2026, although the Energy Information Administration forecast such a development. “That is a projection — we don’t know what’s going to happen next year,” Wright told Bloomberg in an interview. “We have seen weak prices for a few months, and if prices...
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Brits Pay Billions To Waste Wind Energy
Wind power is the leading technology of the energy transition in the UK. It is the basis for the transition shift championed by the Starmer government—and it is failing because the grid operator is having to pay hundreds of millions to wind turbine operators to turn them off. The reason: there is no way to...