HyperLocal Loop
Jul 12, 2026
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Trump’s Energy Policy

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, according to a new report. 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.

Trump’s Energy Dominance Agenda

President Donald Trump pushes to expand U.S. oil and gas production, arguing domestic energy is key to lowering prices, strengthening national security and boosting 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 also comes as the conflict with Iran has renewed concerns about energy security and shipping through the Strait of Hormuz. Although its data predate the conflict, the report underscores how geopolitical tensions can threaten global energy supplies.

Economist Steve Moore said the latest conflict illustrates why the U.S. should continue expanding domestic energy production. The White House has argued that increasing domestic oil and natural gas production will help shield Americans from geopolitical shocks while lowering energy costs, a key pillar of Trump’s broader economic agenda.


Original reporting: Fox News (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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