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Qatar’s Golden Pass dilemma
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
Lessons from the crisis
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
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The Strait of Hormuz disruption has exposed weakness in the global energy system and reignited debate over security of supply, but it should not be used to justify an accelerated shift away from fossil fuels, says the secretary general of the IGU
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The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
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Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
President Richard Nixon at the White House
US Politics
Philip K. Verleger
11 January 2024
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The long march to energy independence: Part 2

The US finally achieved energy independence in November 2019, but was the mission a mistake from the start?

Energy independence can be achieved by boosting domestic supply or reducing domestic consumption. Most US administrations since that of President Nixon have chosen the first option because the alternative was seen as too politically risky. Boosting prices through measures such as gasoline taxes, while optimal for cutting use, was anathema to elected officials. The road to energy independence for the US—technically achieved in November 2019—was rough and circuitous. When the goal was reached, most observers saw it as a wasted effort or even a terrible mistake because success came through boosting fossil fuel use and probably adding 1–2°C to average global temperatures. Had world efforts towar

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Lessons from the crisis
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
Libya's potential goes unrealised
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally

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