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EIA again cuts US gas price forecasts, but market still to tighten
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
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The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
Latest EU sanctions largely toothless
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President Trump addresses supporters at a rally on election night
US Politics
David Blackmon
8 November 2024
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US oil industry welcomes Trump win

The former president’s victory likely heralds the return of a more market-oriented energy policy

Where energy is concerned, one of the most symbolic votes taken anywhere on election night in the US on 5 November came from California, where voters in the liberal city of Berkeley soundly rejected Measure GG, a local law that would “impose a special tax on all buildings 15,000ft² or larger that use natural gas”. Measure GG was an initiative to approve a special tax on larger apartment, condominium and office buildings that plan for occupants to be able to use gas for heating, cooking and other applications. It turns out that even supporters of Democratic candidates like their natural gas, gas stoves and other gas appliances despite the four-year focused campaign mounted by the Biden admini

Also in this section
EIA again cuts US gas price forecasts, but market still to tighten
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
Letter from Azerbaijan: Net-zero strategy to reshape South Caucasus
Opinion
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
Oil outlook: Who and what to believe?
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
India’s retreat from Russian oil could cause global trade flow shockwaves
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher

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