US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says

(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, the Energy Information Administration said in its Short-Term…

Freeport LNG Seeks Approval to Demolish Obsolete Import Facilities in Texas

By Freeport LNG requests FERC approval to demolish obsolete Texas import facilities US shift from LNG importer to top exporter driven ​by shale revolution Company says removal will improve safety…

US Lawmakers Press Bessent on LNG Ships That are Taking Tax Credit

By WASHINGTON, April 7 (Reuters) – A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers ​that ship liquefied natural gas qualify for…

U.S. Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price Rally

It may take months to begin to see the uptick in production from shale fields in places like the Permian Basin By David Wethe and Kevin Crowley United States shale…

Democrats Question Legality of Trump, TotalEnergies Offshore Wind Deal

April 7 (Reuters) – House Democrats questioned the legality of the Trump administration’s deal to ​return nearly $1 billion to TotalEnergies (TTEF.PA) to ‌stop the development of two U.S. offshore…

US Natgas Futures Rise as Daily Production Falls, Texas Waha Prices Stay Negative

U.S. natural gas futures edged up to a one-week high on Tuesday on a preliminary decline in daily output. That small price increase came despite forecasts for milder weather and…

Deal, Delay or Strike? Investors on Edge as Trump’s Iran Deadline Nears

(Reuters) – Global markets have entered a period of heightened uncertainty ahead of a deadline set by U.S. President Donald Trump for Iran, with investors weighing various outcomes ranging from…

Trump Says ‘A Whole Civilization Will Die tonight’ if Iran Does Not Make a Deal

U.S. President Donald Trump once again exhorted Iran to make a deal by his Tuesday deadline, saying a “whole civilization will die tonight” if an agreement is not reached to…

Oil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran Intensify

Summary Iran faces 8 p.m. Washington deadline to open Strait of Hormuz Trump threatens to order attacks on Iran’s bridges, power plants Iran rejects temporary ceasefire, demands permanent end to…

US Hits Military Targets on Iran’s Kharg Island, Vance Says No Change to Strategy 

U.S. strikes on Iran’s Kharg Island do not represent a change in American strategy, U.S. Vice President JD Vance said on Tuesday as a U.S. official separately told Reuters the…