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AMERICAN ENERGY SNAPSHOT: Energy Affordability Depends on Permitting Reform

By API – American Petroleum Institute Rising fuel costs driven by global disruption are the headline story this year, but America’s energy affordability challenge is broader — and predates this crisis. America has the capacity to produce abundant, affordable energy. The challenge is getting it where consumers need it. A slow and unpredictable federal permitting process …

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NO CLEAR VIEW: JP Morgan Says it Has No Clear Oil Market Endgame as Iran Conflict Drags On

Sept 17 (Reuters) – JP Morgan said on Thursday that it does not have a clear baseline view for oil markets for the first time since the start of the US-Israeli war on Iran. “We simply don’t know how to model the ​endgame,” analysts at the bank noted. The note flagged that at the beginning …

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ENERGY NORTH: Canada’s Oil Sands Get a Boost From Mark Carney

Tax breaks are fueling a rare alignment between Ottawa and the oil industry. By Iain Boekhoff Canada’s oil industry this week found itself in the rare position of giving the federal government a rave review. The reason: a change to the tax regime for a broad range of industries, including oil production and pipelines, that …

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Oil Falls for Third Day as Saudi Supply Fears Ease, Putting Oil on Track for Weekly Loss

EnergyNow Morning Oil Price Report Report Date & Time: September 18, 2026 – 5:30 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$101.30 per barrel, down US$0.61, or 0.60%, from Thursday’s official US$101.91 settlement. Oil is lower for a third consecutive session as fears of a major …

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THE BIG BURN: US Data Centers Set to Burn More Natural Gas Than Most Nations

By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …

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LNG Buyers Turn to US as Hormuz Crisis Forces Supply Rethink

American gas could plug a widening global supply gap, as long as it remains affordable. By Stephen Stapczynski One word — diversification — was on the lips of most executives at the world’s biggest natural gas conference in Bangkok this week. That’s the industry’s euphemism for cutting exposure to the Middle East. After all, more …

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IEA Chief Says Electrification Remains the Way Forward Despite AI Investment Jitters

By Joyce Lee Grid bottlenecks, costs remain electrification barriers Seoul to target 35% electrification by 2035 with Asian countries Qatar supply disruption, European demand squeezing Asian LNG markets SEOUL, Sept 17 (Reuters) – The International Energy Agency’s chief ​said on Thursday the shift toward electrification remained firmly backed by capital markets even ‌as grid capacity …

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DEAL AHEAD? ExxonMobil Nears Venezuela Oil Deal, WSJ Reports

ExxonMobil is nearing a preliminary deal to invest in Venezuela’s oil fields while negotiating a potential return to the country nearly two decades after its exit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. ExxonMobil could sign a memorandum of understanding with state-run Petróleos de Venezuela as soon as this …

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Top US Power Grid Operator Urges Big Users to Curb Demand Amid Warm Weather

(Reuters) – US electric grid ​operator PJM Interconnection called on large energy consumers across ‌13 states to curb consumption on Thursday, as high temperatures stoked power demand and risked blackouts. PJM runs the biggest regional electric grid in the US and ​covers the Mid-Atlantic and Midwest. It said its system ​had about 36,000 megawatts of …

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Shell-Led LNG Canada Could Approve Phase 2 Expansion By Early October

(Reuters) – Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The expansion would add a further 14 million metric tons per annum (mtpa) of liquefied natural gas export capacity to the …

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