US Wants Allies to Pursue Energy Abundance Policies to Cap Prices, Official Says

california oil industry 1200x810

(Reuters) – The United States wants its allies to engage in a policy of energy abundance to keep prices down, the U.S. Department of Energy’s deputy secretary, James Danly, said at a panel at the annual Future Investment Initiative (FII) summit in Riyadh.

Reporting by Nayera Abdallah in Dubai Editing by David Goodman


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


Share This:


More News Articles

 

  • Related Posts

    North Dakota’s Oil Output Expected to be Steady Despite Price Drop, State Regulator Says

    North Dakota Site Operation Energy companies are likely to keep crude output steady this year in North Dakota, the third-largest U.S. oil-producing state, its regulator said on Thursday, despite a…

    Citi Sees Oil Prices Trending Lower to $60 to $65 Per Barrel by First Quarter of 2027

    Reuters Citi said on Thursday it expects oil prices to trend lower over the next six to 12 months, to $60 to $65 per barrel by the first quarter of…

    Have You Seen?

    Heading to Intersolar: What KUKA CABLE is Looking Forward to Discussing with European Solar Professionals

    • June 19, 2026
    Heading to Intersolar: What KUKA CABLE is Looking Forward to Discussing with European Solar Professionals

    OMIFCO Explores Multiple Pathways for Low-Carbon Ammonia Under Long-Term Decarbonisation Strategy

    • June 19, 2026
    OMIFCO Explores Multiple Pathways for Low-Carbon Ammonia Under Long-Term Decarbonisation Strategy

    How Inocel plans to make hydrogen generators competitive with diesel

    • June 19, 2026
    How Inocel plans to make hydrogen generators competitive with diesel

    KNPC to Extend Umm Al-Aish Solar-Powered LPG Plant Operations with Battery Storage to Enable 24/7 Clean Energy Supply

    • June 19, 2026
    KNPC to Extend Umm Al-Aish Solar-Powered LPG Plant Operations with Battery Storage to Enable 24/7 Clean Energy Supply

    Video | The compliance challenge facing medical gas monitoring systems

    • June 19, 2026
    Video | The compliance challenge facing medical gas monitoring systems

    NTCSA Accelerates Curtailment Claim Processing Amid Rising Renewable Energy Integration In South Africa

    • June 19, 2026
    NTCSA Accelerates Curtailment Claim Processing Amid Rising Renewable Energy Integration In South Africa

    Canadian hydrogen supplier opens heavy-duty refuelling station

    • June 19, 2026
    Canadian hydrogen supplier opens heavy-duty refuelling station

    SECI Signs 700 MW C&I Renewable Energy Term Sheet with Acme Cleantech Solutions

    • June 19, 2026
    SECI Signs 700 MW C&I Renewable Energy Term Sheet with Acme Cleantech Solutions

    Carbon removal boosted by funding but macro targets slip

    • June 19, 2026
    Carbon removal boosted by funding but macro targets slip

    North Dakota’s Oil Output Expected to be Steady Despite Price Drop, State Regulator Says

    • June 19, 2026
    North Dakota’s Oil Output Expected to be Steady Despite Price Drop, State Regulator Says