National opinion: Next energy shock could be far worse
By Matthew Kandrach
Published on April 14, 2026.
The article suggests that despite the United States being the world's largest oil producer, gas prices are increasing due to the Middle East war. Despite global oil and natural gas supplies being affected by the closure of the Strait of Hormuz, natural gas prices in the U.S. have actually fallen. This should be a warning to Washington about the potential for a global energy crisis. The article also notes that the country's liquefefied natural gas export capacity is yet to reach a level where global demand influences prices at home.
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