Perry stirs gas versus coal fight
US energy secretary's subsidy plan gets a roasting
The US' natural gas producers have protested strongly against Rick Perry's proposed Grid Resiliency Pricing Rule, to help prop up struggling coal and nuclear power plants. The rule, which Perry has urged the Federal Energy Regulatory Commission (Ferc) to implement, would subsidise any power plant with stores of 90 days of fuel on site, ostensibly to bolster the reliability of North America's power grid. Since gas-fired plants rely on supply piped in as needed, and the wind and sun can't be stored, the benefits from the proposed rule would flow to coal and nuclear plants. It is the latest manoeuver in the Trump administration's fight to prop up America's coal industry. In the past 10 years, c
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
