US Is Enjoying a Growing Energy Surplus — For Now
Soaring production from shale, wind and solar helped create the biggest glut since at least 1949. Yet demand may soon catch up.
An oil pump jack in Midland, Texas. The shale boom helped the US set a record for total primary energy production last year.
Photographer: Sergio Flores/BloombergWelcome to our guide to the energy and commodities powering the global economy. Today, reporter David Wethe looks at the record US energy glut — and how it may not last long. To get this newsletter in your inbox, sign up here.
Energy scarcely got a look-in during last week’s US presidential debate, but its brief mention is still worth a closer look.