View this email in your browser
DAILY ENERGY NEWS  | 07/01/2025
Subscribe Now

The future is bright thanks to American natural gas.


Reuters (6/30/25) reports: "U.S. energy companies are eying renewed opportunities to build natural gas pipelines to tap in to Appalachia shale formations in Pennsylvania, Ohio and West Virginia, buoyed by U.S. President Donald Trump’s pro-energy policies and expectations that demand for the fuel will rise in coming years. The U.S. is already the world's top gas producer and exporter of liquefied natural gas. While the country helps meet fuel demand around the world, many consumers in the U.S. Northeast do not have access to gas due to a lack of pipeline infrastructure and instead continue to use heating oil in their homes and businesses. In 2024, the U.S. produced about 103.2 billion cubic feet per day (bcfd) of gas and consumed a record 90.5 bcfd of the fuel, according to U.S. Energy Information Administration data. One billion cubic feet of gas is enough to supply about 5 million U.S. homes for a day."

"The more we load our grid with intermittent generation, the worse the grid performs during times of maximum demand. Subsidies are meant to drive prices down and boost supply. But subsidizing wind and solar has done exactly the opposite." 

 

– Energy Secretary Chris Wright

This type of progress could never have happened under Biden.


Offshore Energy (7/1/25) reports: "Houston-based dredging services provider Great Lakes Dredge & Dock Corporation (GLDC) has won a dredging assignment on a liquefied natural gas (LNG) development in Calcasieu Parish, Louisiana, which is operated by Australia’s Woodside Energy. Great Lakes, which recently secured four dredging contract awards, has revealed that one of these is for the Louisiana LNG project, formerly known as Driftwood LNG, in the United States, which is owned by Louisiana LNG Infrastructure (InfraCo), made up of Stonepeak (40% interest) and Louisiana LNG (HoldCo), the holding company operated by Woodside. Aside from work on Woodside’s Louisiana LNG project, Great Lakes also got hold of assignments on Galveston Entrance Channel and Houston Ship Channel from Bolivar to Redfish in Texas, Mississippi River Hopper Dredge Contract No. 3 in Louisiana, and Charleston Entrance Channel in South Carolina."

It's a good deal, Tokyo, America has more energy resources than you'll ever need.


Reuters (6/30/25) reports: "Japan engages in 'unfair' automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday. Tokyo is scrambling to find ways to get Washington to exempt Japan's automakers from 25% automobile industry-specific tariffs, which are hurting the country's manufacturing sector. Japan also faces a 24% so-called reciprocal tariff rate starting on July 9 unless it can negotiate a deal. 'They won't take our cars, and yet we take millions and millions of their cars into the United States. It's not fair, and I explained that to Japan, and they understand it,' Trump said in an interview on Fox News' 'Sunday Morning Futures with Maria Bartiromo'. 'And we have a big deficit with Japan, and they understand that too. Now we have oil. They could take a lot of oil, they could take a lot of other things.'"

Glad to see people are starting to come around to common sense.


Real Clear Energy (6/30/25) opinion: "The media loves to portray Gen Z as uniformly opposed to fossil fuels, with Greta Thunberg as our supposed spokesperson. But there’s an inconvenient truth behind this dream of theirs: My generation is building an AI-powered future that demands more energy than any generation before. The stakes of getting energy policy wrong extend far beyond just a difference in what we practice versus what we preach. At a fundamental level, energy security is national security, and recent global events put to rest any arguments to the contrary. Our previous administration, which rather famously sought to turn Saudi Arabia into an 'international pariah' and cancelled the Keystone XL pipeline as a day-one policy, was caught with its pants down when Russian President Vladimir Putin decided to invade Ukraine. The path forward requires embracing American energy dominance through a combination of domestic fossil fuels and nuclear power. Natural gas burns clean, far cleaner than coal, while providing the reliability that renewables cannot match."

Energy Markets

 
WTI Crude Oil: ↑ $65.49
Natural Gas: ↓ $3.36
Gasoline: ↓ $3.17
Diesel: ↓ $3.69
Heating Oil: ↑↓ $229.99
Brent Crude Oil: ↓ $67.04
US Rig Count: ↓ 573

 
Donate
Subscribe to The Unregulated Podcast Subscribe to The Unregulated Podcast
Subscribe to The Plugged In Podcast Subscribe to The Plugged In Podcast
Connect on Facebook Connect on Facebook
Follow on X Follow on X
Subscribe on YouTube Subscribe on YouTube
Forward to a Friend Forward to a Friend
Our mailing address is:
1155 15th Street NW
Suite 525
Washington, DC xxxxxx
Want to change how you receive these emails?
update your preferences
unsubscribe from this list