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America Runs on Natural Gas: Fuel Set to Surpass Oil as US Top Energy Source by 2030

Bloomberg 2026-07-02 15:06:06
Context: The United States is on the cusp of an energy shift, with natural gas poised to surpass oil as the country's top energy source by 2030. For the past 75 years, petroleum has held the top spot, but that dominance is set to change. This transition marks a significant milestone in the evolution of the US energy landscape.

Key Facts

  • The United States has been powered by petroleum more than any other energy source for 75 years, a streak that is now coming to an end.
  • Natural gas is set to surpass oil as the US's top energy source by 2030, according to projections.
  • The shift in energy sources reflects a broader transformation in the US energy sector, with natural gas increasingly playing a central role in powering the country's economy.
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