Trending News: Galactic Energy joins reusable rocket raceGalactic Energy joins reusable rocket raceMeritus enters Arizona market with Allied Gases and Welding Supplies acquisitionUS LNG exports up 23% in first half of 2026, reports EIASwitzerland launches cross-border BECCS CO2 supply chainColumn: How energy-efficient motors can cut biogas plant costsQatar and UAE LNG cargoes transferred ship-to-ship outside HormuzIndia Daily: Andaman & Nicobar Tenders 20 MWh BESS, NLC–OREDA Form Green JV, UPCL Tenders BESS, BERC Reviews 70 MW LTA, REC Transfers Luhri SPV, BERC Reviews OA ChargesYellow Door Energy, Nedbank CIB Reach Financial Close on 49 MWp Lion Thorn Solar Park in South AfricaNorthern Endurance Partnership receives pipelay vesselBessent Says Strait of Hormuz Obsolete Within Two YearsU.S. Shale Producers Lose Bid to Kill Oil Price-Fixing CaseU.S. Crude Inventories Drop amid Continued SPR DrawsU.S. Energy Secretary Says Venezuela Could More Than Double Oil ProductionHormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil MarketsBuckeye expands Colorado footprint with Wagner Welding Supply buyPower Sector Investments to Drive 100–200 bps Revenue Growth for Large EPC Companies: CRISIL RatingsNippon Sanso expands UK dry ice businessGoodWe Included in BloombergNEF Tier 1 Power Inverter List for Sixth Consecutive QuarterAdani Green Energy Crosses 20 GW Operational Renewable Capacity With 139 MW Khavda Solar ProjectRussia Doubles Dark Fleet to Ship LNG to AsiaU.S. Energy Storage Capacity Installations Hit Record High in Q2Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags OnU.S. Oil Deal Pushes China and Russia Out of Venezuelan FieldsEurope’s Wind Power Buildout Jumps 30% in First HalfPrice, Not Politics, Is Driving Most of India’s Oil BuyingUkrainian Drone Barrage Sets Key Russian Oil Port AblazeSolar Overtakes Coal as China’s Largest Power SourceTwo Supertankers Hit by Unknown Projectiles in Strait of HormuzWhat Is the Oil, Gas Impact of Storm Edouard?Datacentrex takes minority stake in Eagle LNG to support US space launch buildoutCheniere nears completion of CCL Stage 3 and reaches export milestoneJFE Steel selected for DeepStar CO2 pipeline projectIndia Daily: PM Surya Ghar Subsidy, POWERGRID Acquires Fatehgarh II, BPCL Tenders 1 MW Solar, VPA Advances 10 MW Solar, CEA Backs Flexible ThermalIndian Green Energy Stocks Show Mixed Trend As Adani Green Leads Gains (01 September 2026)Hijau Raises $10 Million to Scale Distributed Solar Projects Across IndonesiaPhilippines DA, DOE Plan 3 Million-Hectare Farmland Shield Against Solar ExpansionMinistry Of Energy Targets 5,200 Schools For Solar Power Installations In Saudi ArabiaCoal Got an Order. Nuclear Got a MeetingCondenser Chemistry Management: From Grab Samples to Predictive Digital TwinsSLB Makes $3.4 Billion Bet on AI Data Center BoomBP Adds 80 MMcf/d to Egypt’s Gas Supply Two Years Ahead of ScheduleChevron, ONGC and GE Vernova Near Final Venezuela Energy DealsOil Prices Climb as Trump Threatens New Strikes on IranBlue Star Helium extends Pinon Canyon offtake deal to 2027Ireland connects second biomethane plant and eyes export potentialgasworld US – September 2026 – Equipment, digitization and distributors issuegasworld Global – September 2026 – LNG & LogisticsH2 View – September 2026: ElectrolysersABO maps development for 600MW Finnish green hydrogen plantChevron nears deal to operate two giant oil fields in Venezuela’s Orinoco BeltFuel loading under way for Palisades restart, Holtec announcesIAEA concern over diesel supply for Zaporizhzhia generatorsTennessee issues licence for fusion plantProposal for Canadian marine-based SMR plantAsia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports CrashIran Dismisses Trump Claim of Kharg Attack as Hostilities ReturnChina Coking Coal Prices Set for Record 46% Monthly SurgeEurope Gas Prices Jump 5% to Highest Level Since 2023Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum ReserveGoldman Sachs Sees Diesel Refining Margins Soaring to $63 a BarrelAsian Refiners Turn to Argentina as Iran War Disrupts Oil SupplyLithium Miners Cash In as Battery Storage Demand SurgesIran Says Supertanker Hit by Mines in Strait of HormuzChina’s LNG Imports Set to Drop 18% in August as Prices SoarTrump Announces ‘Biggest Oil Deal in World History’Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In IloiloSEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility ProjectIndia Daily: MPERC Drafts MYT Rules, APSERC Reviews 2.75 MW Solar, HERC Clears Green Banking, TGERC Closes Dues Case, UPERC Completes ₹32.74 Cr Refund & More…Iraq Plans 10 GW Solar Expansion To Tackle Power ShortagesGreen Energy Stocks Under Pressure As Indian Markets End Lower On August 31KPI Green Energy Advances 2.57 GWp IPP Portfolio, 1.16 GWp EnergizedTata Power Renewable Energy Commissions 100 MW Group Captive Solar Project In Tamil NaduAustralia Accelerates Next-Generation Solar R&D with $105.6 Million Technology PushGlobal Specialty Gas Supply Chain Outlook – H1 2026UPERC Approves 300 MW Solar PPA At INR 2.57/kWh For 25 Years In Uttar PradeshAHAsolar Technologies Secures Consultancy Work Order for 600 MW Solar Project with 1,800 MWh Energy Storage in RajasthanGas Prices in Asia and Europe Jump as Qatar Extends LNG Force MajeureThe Iran War Has Turned VLCCs Into $650,000-a-Day AssetsVenezuela Helped Build OPEC. Now It May Help Break It ApartTrump says Venezuelan oil will be used to refill U.S. Strategic Petroleum ReserveMiddle East Weekly: Oman Plans Musandam RE Study, Kuwait Fund Backs 11 MW Solar, L&T Wins 6 GWh BESS Order, ACWA–KOWEPO Partner on RE, NHC–EDF Partner on Clean Energy, ACWA Signs 6 GWh BESS, Masdar Starts 35 MW BESS, Saudi Signs 2 GW BESS DealsACME Solar Commissions 15 MW/240.752 MWh BESS Project In RajasthanSMBC Reaches Financial Close on JSW Energy’s 210 MW Hybrid Renewable Energy Project in MaharashtraSECI Invites Cybersecurity Auditors To Strengthen Renewable Energy Sector SecurityThe Lifeline of Solar: Why the Right Cable Matters  Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis WorsensIndia Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses Mount
Wed. Sep 2nd, 2026
Trending News: Galactic Energy joins reusable rocket raceGalactic Energy joins reusable rocket raceMeritus enters Arizona market with Allied Gases and Welding Supplies acquisitionUS LNG exports up 23% in first half of 2026, reports EIASwitzerland launches cross-border BECCS CO2 supply chainColumn: How energy-efficient motors can cut biogas plant costsQatar and UAE LNG cargoes transferred ship-to-ship outside HormuzIndia Daily: Andaman & Nicobar Tenders 20 MWh BESS, NLC–OREDA Form Green JV, UPCL Tenders BESS, BERC Reviews 70 MW LTA, REC Transfers Luhri SPV, BERC Reviews OA ChargesYellow Door Energy, Nedbank CIB Reach Financial Close on 49 MWp Lion Thorn Solar Park in South AfricaNorthern Endurance Partnership receives pipelay vesselBessent Says Strait of Hormuz Obsolete Within Two YearsU.S. Shale Producers Lose Bid to Kill Oil Price-Fixing CaseU.S. Crude Inventories Drop amid Continued SPR DrawsU.S. Energy Secretary Says Venezuela Could More Than Double Oil ProductionHormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil MarketsBuckeye expands Colorado footprint with Wagner Welding Supply buyPower Sector Investments to Drive 100–200 bps Revenue Growth for Large EPC Companies: CRISIL RatingsNippon Sanso expands UK dry ice businessGoodWe Included in BloombergNEF Tier 1 Power Inverter List for Sixth Consecutive QuarterAdani Green Energy Crosses 20 GW Operational Renewable Capacity With 139 MW Khavda Solar ProjectRussia Doubles Dark Fleet to Ship LNG to AsiaU.S. Energy Storage Capacity Installations Hit Record High in Q2Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags OnU.S. Oil Deal Pushes China and Russia Out of Venezuelan FieldsEurope’s Wind Power Buildout Jumps 30% in First HalfPrice, Not Politics, Is Driving Most of India’s Oil BuyingUkrainian Drone Barrage Sets Key Russian Oil Port AblazeSolar Overtakes Coal as China’s Largest Power SourceTwo Supertankers Hit by Unknown Projectiles in Strait of HormuzWhat Is the Oil, Gas Impact of Storm Edouard?Datacentrex takes minority stake in Eagle LNG to support US space launch buildoutCheniere nears completion of CCL Stage 3 and reaches export milestoneJFE Steel selected for DeepStar CO2 pipeline projectIndia Daily: PM Surya Ghar Subsidy, POWERGRID Acquires Fatehgarh II, BPCL Tenders 1 MW Solar, VPA Advances 10 MW Solar, CEA Backs Flexible ThermalIndian Green Energy Stocks Show Mixed Trend As Adani Green Leads Gains (01 September 2026)Hijau Raises $10 Million to Scale Distributed Solar Projects Across IndonesiaPhilippines DA, DOE Plan 3 Million-Hectare Farmland Shield Against Solar ExpansionMinistry Of Energy Targets 5,200 Schools For Solar Power Installations In Saudi ArabiaCoal Got an Order. Nuclear Got a MeetingCondenser Chemistry Management: From Grab Samples to Predictive Digital TwinsSLB Makes $3.4 Billion Bet on AI Data Center BoomBP Adds 80 MMcf/d to Egypt’s Gas Supply Two Years Ahead of ScheduleChevron, ONGC and GE Vernova Near Final Venezuela Energy DealsOil Prices Climb as Trump Threatens New Strikes on IranBlue Star Helium extends Pinon Canyon offtake deal to 2027Ireland connects second biomethane plant and eyes export potentialgasworld US – September 2026 – Equipment, digitization and distributors issuegasworld Global – September 2026 – LNG & LogisticsH2 View – September 2026: ElectrolysersABO maps development for 600MW Finnish green hydrogen plantChevron nears deal to operate two giant oil fields in Venezuela’s Orinoco BeltFuel loading under way for Palisades restart, Holtec announcesIAEA concern over diesel supply for Zaporizhzhia generatorsTennessee issues licence for fusion plantProposal for Canadian marine-based SMR plantAsia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports CrashIran Dismisses Trump Claim of Kharg Attack as Hostilities ReturnChina Coking Coal Prices Set for Record 46% Monthly SurgeEurope Gas Prices Jump 5% to Highest Level Since 2023Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum ReserveGoldman Sachs Sees Diesel Refining Margins Soaring to $63 a BarrelAsian Refiners Turn to Argentina as Iran War Disrupts Oil SupplyLithium Miners Cash In as Battery Storage Demand SurgesIran Says Supertanker Hit by Mines in Strait of HormuzChina’s LNG Imports Set to Drop 18% in August as Prices SoarTrump Announces ‘Biggest Oil Deal in World History’Philippine National Bank Backs PHP 6.22 Billion Solar And Battery Storage Project In IloiloSEPCOIII Begins Full Commercial Operation Of Saudi Red Sea Utility ProjectIndia Daily: MPERC Drafts MYT Rules, APSERC Reviews 2.75 MW Solar, HERC Clears Green Banking, TGERC Closes Dues Case, UPERC Completes ₹32.74 Cr Refund & More…Iraq Plans 10 GW Solar Expansion To Tackle Power ShortagesGreen Energy Stocks Under Pressure As Indian Markets End Lower On August 31KPI Green Energy Advances 2.57 GWp IPP Portfolio, 1.16 GWp EnergizedTata Power Renewable Energy Commissions 100 MW Group Captive Solar Project In Tamil NaduAustralia Accelerates Next-Generation Solar R&D with $105.6 Million Technology PushGlobal Specialty Gas Supply Chain Outlook – H1 2026UPERC Approves 300 MW Solar PPA At INR 2.57/kWh For 25 Years In Uttar PradeshAHAsolar Technologies Secures Consultancy Work Order for 600 MW Solar Project with 1,800 MWh Energy Storage in RajasthanGas Prices in Asia and Europe Jump as Qatar Extends LNG Force MajeureThe Iran War Has Turned VLCCs Into $650,000-a-Day AssetsVenezuela Helped Build OPEC. Now It May Help Break It ApartTrump says Venezuelan oil will be used to refill U.S. Strategic Petroleum ReserveMiddle East Weekly: Oman Plans Musandam RE Study, Kuwait Fund Backs 11 MW Solar, L&T Wins 6 GWh BESS Order, ACWA–KOWEPO Partner on RE, NHC–EDF Partner on Clean Energy, ACWA Signs 6 GWh BESS, Masdar Starts 35 MW BESS, Saudi Signs 2 GW BESS DealsACME Solar Commissions 15 MW/240.752 MWh BESS Project In RajasthanSMBC Reaches Financial Close on JSW Energy’s 210 MW Hybrid Renewable Energy Project in MaharashtraSECI Invites Cybersecurity Auditors To Strengthen Renewable Energy Sector SecurityThe Lifeline of Solar: Why the Right Cable Matters  Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis WorsensIndia Surpasses 300 GW of Non-Fossil Power CapacityPakistan’s Five Refineries Set for $6 Billion Upgrade PushAmazon Nears 1 GW of Wind Power in Sweden With Four New DealsQatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG TrafficIndia and Indonesia look to strengthen semiconductor tiesWoodside receives final Pluto LNG train 1 moduleWoodside receives final Pluto LNG train 1 moduleInterlune recreates lunar helium in simulant for Earth-based extraction testingTrump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel ConditionU.S. In Talks To Take Direct Ownership Of Venezuelan Oil FieldsOil Prices Head for a Weekly Loss Despite Escalating Iran TensionsHormuz Tanker Traffic Drops Despite Recovery in Oil FlowsChina’s Solar Boom Hits a Wall as Industry Losses Mount
Wed. Sep 2nd, 2026

TRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’

gas prices trump image 1200x810

(Reuters) – U.S. President Donald Trump told reporters that Americans should expect to pay higher gas prices “for a little while.”

Get the Latest US Focused Energy News Delivered to You! It’s FREE:

  • Energy prices have risen around the world since ​the start of the Iran war in late ​February.
  • Trump was asked if Americans “should anticipate spending more ⁠on gasoline for the foreseeable future.”
  • “For a ​little while,” Trump responded.
  • The U.S. and Israel attacked ​Iran on February 28. Iran responded with its own strikes on Israel and Gulf states with U.S. bases. U.S.-Israeli strikes ​on Iran and Israeli attacks in Lebanon ​have killed thousands and displaced millions.
  • A fragile ceasefire in the Iran ‌war ⁠began over two weeks ago.
  • The rise in gas prices caused by the war has created a dilemma for Trump’s Republican Party, which currently holds a majority in both ​chambers of ​Congress, ahead ⁠of November’s midterm elections.
  • Trump has said gas prices may stay high until ​November but has sought to brush off ​concerns.
  • The ⁠Iran war has brought traffic through the Strait of Hormuz, a chokepoint for about 20% of global ⁠oil ​and liquefied natural gas shipments, ​close to a standstill.

Reporting by Trevor Hunnicutt and Kanishka Singh ​in Washington; Editing by David Ljunggren and Nia Williams

Share This:

More News Articles

 

    • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards
    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    Continue reading
    BofA to Plow $250 Billion Into Critical Infrastructure Projects
    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Continue reading

    Have You Seen?

    Gas

    Galactic Energy joins reusable rocket race

    • September 2, 2026
    Galactic Energy joins reusable rocket race
    Gas

    Galactic Energy joins reusable rocket race

    • September 2, 2026
    Galactic Energy joins reusable rocket race
    Gas

    Meritus enters Arizona market with Allied Gases and Welding Supplies acquisition

    • September 2, 2026
    Meritus enters Arizona market with Allied Gases and Welding Supplies acquisition
    Gas

    US LNG exports up 23% in first half of 2026, reports EIA

    • September 2, 2026
    US LNG exports up 23% in first half of 2026, reports EIA
    Gas

    Switzerland launches cross-border BECCS CO2 supply chain

    • September 2, 2026
    Switzerland launches cross-border BECCS CO2 supply chain
    Gas

    Column: How energy-efficient motors can cut biogas plant costs

    • September 2, 2026
    Column: How energy-efficient motors can cut biogas plant costs
    Gas

    Qatar and UAE LNG cargoes transferred ship-to-ship outside Hormuz

    • September 2, 2026
    Qatar and UAE LNG cargoes transferred ship-to-ship outside Hormuz
    Renewables

    India Daily: Andaman & Nicobar Tenders 20 MWh BESS, NLC–OREDA Form Green JV, UPCL Tenders BESS, BERC Reviews 70 MW LTA, REC Transfers Luhri SPV, BERC Reviews OA Charges

    • September 2, 2026
    India Daily: Andaman & Nicobar Tenders 20 MWh BESS, NLC–OREDA Form Green JV, UPCL Tenders BESS, BERC Reviews 70 MW LTA, REC Transfers Luhri SPV, BERC Reviews OA Charges
    Renewables

    Yellow Door Energy, Nedbank CIB Reach Financial Close on 49 MWp Lion Thorn Solar Park in South Africa

    • September 2, 2026
    Yellow Door Energy, Nedbank CIB Reach Financial Close on 49 MWp Lion Thorn Solar Park in South Africa
    Gas

    Northern Endurance Partnership receives pipelay vessel

    • September 2, 2026
    Northern Endurance Partnership receives pipelay vessel