DOE Highlights Record Levels of Domestic Oil and Natural Gas Production

DOE highlighted achievements in domestic oil, natural gas, and LNG production, claiming decreased energy costs for Americans. Specifically, DOE announced record levels of domestic oil and natural gas production, noting that gas prices are at a 4-year low and that natural gas production is expected to increase to 109 billion cubic feet per day this year. DOE also highlighted increases in LNG exports, resulting from the removal of Biden-era LNG exporter regulations.