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A new energy order in the UAE and Saudi Arabia
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
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The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
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With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
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From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
Bad omens for Chinese oil demand
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour
Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
Letter from the US: Oil and gas producers face tax threat
Capping state corporate income tax deductions would reduce energy supplies and raise prices
Letter from Saudi Arabia: Energy, diplomacy and the art of the deal
Saudi Arabia is growing as a geopolitical and diplomatic force amid an increasingly fractured world
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US consumers are not likely to see gasoline prices fall to Trump’s ‘beautiful number’, at least if the president also wants to encourage more drilling
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Republican President Candidate Donald Trump speaks on TV during a debate with Democratic Candidate Kamala Harris
Opinion
US Politics
Philip K. Verleger
Denver
8 October 2024
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Letter from the US: Talk is cheap in US presidential election

History shows us that there is a long way to go from candidate proposals to policy implementation

Energy policy has a chequered history when it comes to the last 12 presidential elections. It played a significant role in some. In others, different matters pushed it out of the limelight. Over these 48 years, the key takeaway is that the agendas candidates discussed or promised during campaigns were seldom, if ever, implemented as originally proposed, if implemented at all. Energy was front and centre in the 1976 election as Jimmy Carter, the former Georgia governor, took on the incumbent Gerald Ford. A key pillar of Carter’s rhetoric was his claim the US lacked a coherent and effective energy policy. Ford, in contrast, blamed regulation for many of the nation’s energy-related problems. Af

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The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding

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