Boosting gas output while keeping prices low a tough task for Trump
Gavin Maguire It may take more than a Sharpie pen and White House cheerleading to change natural gas output levels in the United States. But even with faster permitting for exploration and sales, the new Trump administration may struggle to boost U.S. gas output without help from local and international prices. If gas prices trend steadily higher in 2025, Mr. Trump's hopes for higher gas output will materialise and will help propel U.S. energy product exports to new heights. Historic drop U.S. gas output from shale and tight gas well--which account for over 75% of total U.S. natural gas supplies--fell in 2024 for the first time in over a decade as average prices for gas used in electricity generation dropped to historic lows. For some high-cost gas producers, 2024's average prices were the lowest received this century aside from 2020 - when COVID-19 stifled total energy use sparking output cuts and cost reduction measures at several production sites.
Trumponomics is back: Tech-bros are delighted, but the price of eggs is soaring
Trump’s pick for fracker-in-chief will have a tough time pumping a lot more oil
Trump Is Promising Cheap Gas. Too Bad Getting It Would Likely Crash The Economy.
Joe Biden announces steps to reduce gas prices ahead of crucial mid-term polls
Discover Related
Democrats’ newest villain is a power player you’ve never heard of
Fall in crude oil prices must benefit consumers, not government
Crude oil prices hit four-year low on recession fear, Trumnp’s tariffs, Saudi Arabia’s rate cut
Trump signs executive orders to revive US coal industry amid rising power demand
Kaushik Basu: Trump’s tariffs will only steepen America’s slide
'Stupidity' and 'weakness': Economists slam Trump's tariffs amid looming trade war
'Economic nuclear war': Billionaire business titans slam Trump's tariff gambit
Andy Beshear has some advice for Dems on hammering Trump over tariffs
Oil prices plunge amid US-China trade conflict, fuels recession fears
Trump tariffs: Why is the US President confident of Fed rate cuts despite Jerome Powell’s inflation warning?
Trump Team Proposes Ending Clean Energy Office, Cutting Billions
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Trump’s tariff push is a race against time, and potential voter backlash
What to know about the Trump tariffs upending global trade and markets
Trump’s tariff strategy is a surefire loser
Trump just handed Democrats a winning election slogan: Wall Street Journal
America nervous as Trump gears up for 'Liberation Day': What's happening
Most Americans say Donald Trump’s tariffs will raise prices: New poll