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US energy updates highlight production and market trends

Recent data from the US Energy Information Administration outlines production milestones, export growth, and market dynamics across crude oil, natural gas, and liquefied natural gas sectors.

By the CEII Desk, from reporting by US Energy Information Administration

Key points

  • US natural gas production reached an all-time high in July 2026, driven by output in the Permian Basin.
  • US liquefied natural gas exports averaged 17.4 billion cubic feet per day in the first half of 2026.
  • Cheniere Energy completed its Corpus Christi Liquefaction Stage 3 Project in Texas on August 28, 2026.

Production and exports

According to the US Energy Information Administration, US natural gas production reached a record high in July 2026, supported largely by increased output in the Permian Basin. Meanwhile, liquefied natural gas exports averaged 17.4 billion cubic feet per day during the first half of 2026, marking a 23 percent increase compared to the same period in 2025. Projections indicate exports will average 17.3 billion cubic feet per day in the second half of 2026 before rising further.

In infrastructure developments, Cheniere Energy completed the final train of its Corpus Christi Liquefaction Stage 3 Project in Texas on August 28, 2026, taking full custody and control of the facility's seventh liquefied natural gas train.

Market prices and fuel trends

Crude oil and petroleum markets through the third quarter of 2026 faced upward price pressures due to persistent conflict in the Middle East. Global supplies of distillate fuel oil also remained tight, contributing to elevated prices alongside higher crude costs. For the upcoming winter, the agency notes that lower natural gas and propane prices are expected to reduce heating expenditures for roughly half of US households reliant on those fuels, while higher electricity and oil heating costs may increase expenses for other consumers.

Original reporting

This article draws on the following reports. Read them in full on the publishers’ sites.

Context from CEII

Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.

27.8% of electricity in the world was renewable in 2021

Countries in this story

Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.

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