President Donald Trump's announcement of steep increases in US tariffs, and retaliatory measures taken by other economies, have thrown financial markets and the outlook for the world economy into turmoil. The situation remains volatile, and the outcomes uncertain.
But one objective remains constant in the Trump administration's America First strategy: the pursuit of US “energy dominance”. The aim is to continue increasing domestic oil and gas supply, to generate employment and investment, cut costs for consumers, reinforce national security and strengthen US global influence. On more than one measure though, the US is already dominant.
US oil production – including crude, condensate and natural gas liquids – has risen nearly three-fold over the past 15 years. It now accounts for 20% of global production.
Register now for the Horizons Live webinar, where our panel will discussthe implications of the spectacular success of US oil and gas in the 21st century. We examine its global impact and assess whether this period of dominance can continue.
Our panel:
- Ed Crooks,Vice Chair Americas and host of Energy Gang podcast
- Robert Clarke,Vice President, Upstream Research
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David Brown, Director, Energy Transition Practice
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Ryan Duman, Director, Americas Upstream
Want to find out more?
You can read this month's full report here, Tough at the top: the threats to US energy dominance. Plus, you can browse the Horizons archive and sign up to the Inside Track newsletter to ensure you don't miss out on future editions.