Source: Fox News
Summary
The world consumed more energy than ever before in 2025, with fossil fuels still supplying the vast majority of global energy despite record growth in renewable power. The Energy Institute’s 2026 Statistical Review of World Energy found oil, natural gas, and coal accounted for 86% of global energy use last year. The report aligns with the Trump administration’s argument that expanding domestic oil and gas production is critical to lowering energy costs, strengthening U.S. energy security, and fueling economic growth. U.S. oil production reached a record 21.1 million barrels a day in 2025, nearly matching the combined output of Saudi Arabia and Russia. The report comes as the conflict with Iran has renewed concerns about energy security and shipping through the Strait of Hormuz.
Our Reading
As expected, the matter has reached another stage.
The Trump administration is taking a victory lap after the Energy Institute’s report, with the White House spokeswoman Taylor Rogers saying that President Trump’s energy dominance agenda has been “undeniably successful”. The report’s findings align with the administration’s argument that expanding domestic oil and gas production is critical to lowering energy costs and strengthening U.S. energy security. The conflict with Iran has renewed concerns about energy security and shipping through the Strait of Hormuz. The U.S. is now the world’s largest natural gas producer and the world’s leading exporter of petroleum products. The report underscores how geopolitical tensions can threaten global energy supplies.
It’s business as usual in the world of energy politics.
Author: Evan Null
