Perry stirs gas versus coal fight
US energy secretary's subsidy plan gets a roasting
The US' natural gas producers have protested strongly against Rick Perry's proposed Grid Resiliency Pricing Rule, to help prop up struggling coal and nuclear power plants. The rule, which Perry has urged the Federal Energy Regulatory Commission (Ferc) to implement, would subsidise any power plant with stores of 90 days of fuel on site, ostensibly to bolster the reliability of North America's power grid. Since gas-fired plants rely on supply piped in as needed, and the wind and sun can't be stored, the benefits from the proposed rule would flow to coal and nuclear plants. It is the latest manoeuver in the Trump administration's fight to prop up America's coal industry. In the past 10 years, c

Also in this section
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek