Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /data/sites/paprZoom/user_defined.php on line 441
Trump's ambitious energy bet could be a winning hand as the world burns more oil, gas than ever

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 findings come as 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.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, underscoring that despite years of investment in wind and solar power, the world continues to rely overwhelmingly on fossil fuels to power homes, businesses, transportation and industry.Overall, the world consumed more energy than at any point on record.President Donald Trump has made increasing U.S.
oil and natural gas production a cornerstone of his economic agenda.(Roberto Schmidt/AFP/Getty Images)GAS SURGE TIED TO IRAN CONFLICT HITS SWING STATES, TESTING TRUMP’S LOW-PRICE PITCHThe findings align with the Trump administration's argument that expanding domestic oil and gas production is critical to lowering energy costs, strengthening U.S.
energy security and fueling economic growth ahead of next year's midterm elections, where both parties are expected to make the economy and inflation central campaign issues — but for very different reasons.America's dominant position in global energy markets was on full display in the report — and Trump is taking a victory lap. "Even left-wing studies are finding that President Trump’s energy dominance agenda has been undeniably successful in unleashing reliable, affordable, and secure energy," White House spokeswoman Taylor Rogers told Fox News Digital. "Thanks to the President, U.S.oil, natural gas, and coal production has increased – which benefits American families and businesses by lowering prices, creating jobs, and strengthening our energy security," she added.
"America has ab...