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for U.S. Economy

U.S. Becomes Largest LNG Exporter. Why that May Mean Costlier Gas at Home
The U.S. recently jumped into the top spot as the world’s largest exporter of liquefied natural gas, overtaking Qatar and Australia.

Manchin Threatens Progress on Climate Crisis
The outlook for progress on tackling the climate crisis over the coming decade took a major hit on Sunday when West Virginia Senator Joe Manchin (D) announced his opposition to the Build Back Better Act.

U.S. Gasoline Spending on Pace to Surpass 2014 Levels
Consumers will spend more than $400 billion on motor fuel by the end of September on an annualized basis, up 36 percent from two years ago.

Things Have Changed: Low Oil Prices a Threat to the U.S. Economy
Can low oil prices tip the economy into a recession? Not on their own, but the fact that a key sector that was instrumental in the post-2008 economic recovery is suffering is worrisome.

The Mixed Consequences of Lower Gasoline Prices
The massive drop in crude oil and gasoline prices has been a huge boon for the American consumer, but it has come at a cost—U.S. motorists have been driving more, furthering a rebound in demand and boosting the country’s reliance on imports of both crude and refined products while also mitigating recent gains in fuel efficiency.

Natural Gas Overtaking Coal as Top Source for Electricity Generation Has Broad Implications
For the first time ever, natural gas has overtaken coal as the U.S.’ top source for electricity generation, a trend that has large implications for the country’s electricity sector.