Even though the United States has achieved the long-sought goal of energy self-sufficiency, energy security remains a strategic and economic challenge. Despite “self–sufficiency,” the U.S. still imports significant quantities of oil and natural gas, as well as solar panels and wind turbine components, and prices forall of these products reflect global market dynamics. Traditional concerns about global supply disruptions remain, and new risks have also emerged.

Domestic energy availability can be impacted by storms, terrorism and cyber threats.

Time to Update America’s Energy Security Programs | Devamı>>>

China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

With its total natural gas use likely expanding at 4-6% this year, China is the only major bright spot on the world gas market, where demand is set to fall by about 4% as the global economy contracts due to coronavirus lockdowns.

China on Course for Record LNG Imports as Industries Recover Expand | Devamı>>>

The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War’ to describe how far the two global superpowers could go in their increasingly heated dispute. A new Iron Curtain could mean attempts to decouple the intertwined economic and trade relations between the biggest economies in the world, market analyst John Kemp argues.

Such decoupling, however, will take decades and may not be even possible, considering the intertwined global supply chains, including in the energy markets.

Could Rising US-China Tensions Change Global Energy Markets? | Devamı>>>