Trump has only one real option to slash gas prices
The energy crisis is a financial nightmare for Main Street and a political nightmare for the White House.
Op-eds & Essays with Jason Bordoff • January 09, 2025
Can U.S. gas exports throw a lifeline to Europe without raising prices at home?
Europe is entering the 2026 gas injection season with its lowest level of gas in storage since 2018.
Almost 90 percent of the LNG that transited the Strait of Hormuz in 2025 was destined for Asian countries.
When the Iran War disrupted shipping through the Strait of Hormuz and tightened global gas balances, a familiar assumption quickly resurfaced: Russia, possessing the largest proven natural gas reserves in the world, would inevitably emerge as one of the principal beneficiaries.
Full report
Op-eds & Essays with Jason Bordoff • January 09, 2025