The Russia-Ukraine war remapped the world’s energy supplies, putting the U.S. at the top for years to come

By Patti Domm

• Since Russia’s invasion of Ukraine, the U.S. oil and gas sector has boosted exports to the point where the U.S. is at the top of the world’s energy-exporting nations.
• This week new data from the U.S. government showed the U.S. exported a record 11.1 million barrels a day of oil and refined products.
• “It’s amazing to think of all those decades of concern about energy dependence to find the U.S. is the largest exporter of LNG and one of the largest exporters of oil. The U.S. story is part of a larger remapping of world energy,” said Daniel Yergin, vice chairman of S&P Global.