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North Carolina regulators block Duke Energy gas plant over judge ruling
The decision comes as U.S. natural gas output is projected to hit record highs in 2026 and 2027, Oilprice.com reports.
Natural gas output in the United States is expected to rise to record highs in 2026 and 2027 as the country increases production, according to Oilprice.com.
At the same time, a judge has ruled that a planned North Carolina gas power plant should not proceed, and North Carolina regulators rejected Duke Energy's application, Oilprice.com reports.
The outlet links the broader push for more U.S. gas supply to efforts to address gaps in energy trade created by restrictions on energy flows through the Strait of Hormuz.
Oilprice.com notes that both supply and demand factors are shaping the U.S. natural gas outlook as the plant project faces a stop.
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