BEAMSTART Logo

‘Gas is back in vogue’ as Trump embraces fossil fuels

Financial Times LogoFinancial Times14h ago

‘Gas is back in vogue’ as Trump embraces fossil fuels - Financial Times

Quick Summary:

In addition to AI data centres and manufacturing, the conversion of coal plants to gas is also driving growth.“We see a lot of opportunity,” said Caitlin Tessin, vice-president of market innovation and Gulf Coast business development at Canadian pipeline giant Enbridge, which transports 20 per cent of US gas.

Wood Mackenzie and S&P Global Market Intelligence are even more bullish, predicting US gas-fired capacity additions will be 35 per cent and 66 per cent higher, respectively, over the five years, compared with the buildout in the previous half decade.

Earlier this month, Constellation Energy, one of the country’s largest electricity providers, announced it was buying Calpine, the biggest independent power producer of gas, in a deal worth nearly $27bn.


More Pictures

‘Gas is back in vogue’ as Trump embraces fossil fuels - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Amanda Chu

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 12:00:38 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1150 words

Reading Time: 7 minutes read

Sentences: 42 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25366238

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "‘Gas is back in vogue’ as Trump embraces fossil fuels" has 1150 words across 42 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Which news outlet covered this story?

The story "‘Gas is back in vogue’ as Trump embraces fossil fuels" was covered 14 hours ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 11 news stories per day.

It's most recent story was published 11 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25366238
  • URL: https://chronographically.beamstart.com/news/gas-is-back-in-vogue-17376363867952

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.