New frontiers for US energy
Propelled by technological advancement, market forces and shifting political winds, change is coming fast to every corner of America’s energy business
Start with the tight oil industry. Shale is still standing after its war with Opec, and an uptick in the oil price has brought renewed optimism. Armed with new knowledge about how to produce from shale plays at ever cheaper prices, executives are again looking for growth opportunities. As they survey the landscape, most are beating a path to the Permian, where deal making has been on the rise. The domestic gas industry is also seeing its fortunes improved. After a period of record low prices brought on by a severe storage glut, strong demand is outpacing falling supply, which has fueled higher prices. The industry's long-term fundamentals also appear strong; gas is on the ascendancy, underpi
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Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
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The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
