Industry Insights for June
US Emerges as Leading Oil Exporter, Surpassing Saudi Arabia and Russia
June 2026 – The United States is now the world’s leading oil exporter, marking a seismic shift in the global market that seemed impossible just a few decades ago. The shift began with the growth of U.S. shale production in the 2010s and accelerated after a ban on U.S. oil exports was lifted in 2015. U.S. shale production seems positioned for sustainable growth going forward.
New Photo of US Navy’s Next Ballistic Missile Submarine Confirms Its Shocking Scale
June 15, 2026 – The USS District of Columbia, a ballistic missile submarine under construction at the Newport News Shipyard in Virginia, will be the largest sub ever built by the United States. It is the first of 12 new Columbia-class submarines and is expected to go into service in 2029, with an additional vessel being delivered each subsequent year.
NY Energy Officials Just Laid Out Our Nuclear Options: Here are 7 Takeaways
June 12, 2026 – On June 12th, the New York State Energy Research and Development Authority released a preliminary “Advanced Nuclear Policy Options Paper” for public comment. The document outlines how the state can achieve Governor Kathy Hochul’s goals of increasing nuclear capacity as part of New York’s long-term energy plans. The analysis assumes that it is a matter of when, not if, new nuclear facilities will be built, with an urgency to start soon due to federal tax credits that will phase out after 2033.