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An LNG import terminal at the Rotterdam port in February 2022.

Federico Gambarini | Picture Alliance | Getty Images

Russia’s invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top of the world’s energy exporting nations.

As Europe struggled with threats to its supply of natural gas imports from Russia, U.S. exporters and others scrambled to divert cargoes of liquified natural gas from Asia to Europe. Russian oil has been sanctioned, and the European Union no longer accepts Moscow’s seaborne cargoes. That has resulted in a surge in U.S. crude and refined product shipments to Europe.

“The U.S. used to supply a military arsenal. Now it supplies an energy arsenal,” said John Kilduff, partner with Again Capital.

Not since the aftermath of World War II has the U.S. been so important as an energy exporter. Weekly data from the Energy Information Administration shows a record 11.1 million barrels of crude and refined product exports in the week ended Feb. 24. That is more than the total output of either Saudi Arabia or Russia, according to Citigroup.

Exports averaged about 10 million barrels a day over the four week period ended Feb. 24. That compares with 7.6 million barrels a day a year ago.

“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. “What we’re seeing now is a continuing redrawing of world energy that began with the shale revolution in the United States. … In 2003, the U.S. expected to be the largest importer of LNG.”

Yergin said the changing role of the U.S. oil and gas industry in the world energy order will be a topic of conversation among the thousands attending the annual CERAWeek by S&P Global energy conference in Houston March 6-10. Among the speakers at the conference are CEOs from Chevron, Exxon Mobil, Baker Hughes and Freeport McMoRan, among others.

“One of the ironies, from an energy perspective, is if you only looked straight back, where we were the day before the invasion … if you look at price, you would say not much has happened,” said Daniel Pickering, chief investment officer at Pickering Energy Partners. “The price of global natural gas spiked but came back down. Oil is lower than where it was before the invasion. … The reality is we certainly have set in motion a rejiggering of global supply chains, particularly on the natural gas side.”

According to the Department of Energy, the U.S. has been an annual net total energy exporter since 2018. Up to the early 1950s, the U.S. produced most of the energy it consumed, but in the mid-1950s the nation began to increasingly import greater amounts of crude and petroleum products.

U.S. energy imports totaled about 30% of total U.S. consumption in 2005.

“There’s a global LNG boom that has become much more apparent and visible to the market,” said Pickering. “We’ve shifted around who consumes what kind of crude and products. We’ve meaningfully changed where Russian oil moves to.”

India and China are now the biggest importers of Russia’s crude. “You look at those things, and to me, we very clearly adjusted the way the world is thinking about supply for the next four or five years.”

But a year ago, when Russia invaded Ukraine, it was not clear the world would have sufficient supply or that oil prices would not spike to sharply higher levels. That is particularly true in Europe, where supplies have been sufficient.

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RBC commodities strategists said there were a number of factors at play that helped Europe get by this winter.

“A combination of warm weather, mandated conservation measures, and additional supplies from alternative producers such as the United States, Norway and Qatar, helped stave off such a worst-case scenario for Europe this winter,” the strategists wrote. “Countries that had relied on low cost Russian gas to meet their economic needs, such as Germany, raced to build new LNG import infrastructure to prepare for a future free from Moscow’s molecules.”

But they also point out that Europe is not in the clear, especially if the military conflict continues. “Key gas producers have warned that it could be difficult for Europe to build storage this summer in the absence of Russian gas exports and a colder winter next year could cause considerable economic hardship,” they added.

Qatar has promised to send more gas to Europe, and the U.S. is building out more capacity. “In gas, we’re going to be a very real player. We’re trustworthy. We have rule of law. We have significant resources, and our projects are reasonably quick, compared to a lot of other potential projects around the world,” said Pickering. “My guess is we will go from [capacity of] 12 [billion cubic feet] of exports a day to close to 20, and we will be a big supplier to Europe.”

Pickering said U.S. exports are currently around 10 Bcf a day.

Among the companies he finds attractive in the gas sector are EQT, Cheniere, Chesapeake Energy and Southwestern Energy.

The oil story is different. Pickering said the U.S. industry chose not to be the global swing producer. “We’re not the swing producer because we decided not to be with our capital discipline,” he said.

Energy companies now have earnings visibility they did not have before, and that could be the case for another five years or so, Pickering said. Oil companies have not been overproducing, as they had in the past, and they did not jump in to crank up production despite calls from the White House in the past year.

The White House has also been critical of the energy industry’s share repurchase programs, which many have.

“They’re generating a lot of cash. They’re being rewarded by shareholders for being disciplined with that cash,” Pickering said. “You did see companies signal their optimism, like with Chevron’s $75 billion share repurchase.” 

“The Russia, Ukraine dynamic may have ushered in an era where it’s cool to bash big oil, but my expectation is you can bash all the way to the bank and the political dynamic is very different than the financial and economic dynamic,” he said.

The U.S. now produces about 12.3 million barrels of oil a day, and Pickering does not expect that number to race higher. Producer discipline has helped support their share prices. The S&P energy sector is up 18% over the past 12 months, the best performing sector and one of just three of 11 sectors that are showing gains. The next best was industrials, up 1.7%.

“Our absolute production levels are as high as they’ve been when you combine oil and natural gas. We were a net importer, and we’ve dramatically reduced that. It’s a massive shift,” said Pickering. “The shale boom benefited the energy sector. It benefited U.S. consumers. It was a terrible stretch for producers. They did their jobs too well. They overproduced. When we went from 5 million barrels a day to 13 million barrels a day, we were taking the most barrels away from OPEC. That was when we were most influential. We were the swing producer.”

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Labor Day Sales from Anker SOLIX, Jackery, and Rad Power Bikes, score massive $683 savings on Luckeep X1 Lite e-bike at $466, more

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August 22, 2025

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Labor Day Sales from Anker SOLIX, Jackery, and Rad Power Bikes, score massive 3 savings on Luckeep X1 Lite e-bike at 6, more

Closing out this week’s Green Deals is several holiday sales from some of our favorite brands, lead by Anker’s SOLIX Labor Day Sale that is taking up to 61% off power stations and solar bundles starting from $120. We also have further Labor Day Sales from Jackery (up to 50% off with bonus 5% and 7% savings) and Rad Power Bikes, a massive $683 price drop on Luckeep’s X1 Lite Folding All-Terrain e-bike at $466, and much more waiting for you below. Plus, all the hangover savings are at the bottom of the page, like yesterday’s Lectric Labor Day Sale with the $500 price cut on the ONE e-bike to a new low, Anker’s eufy SoloCam S220 deals, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Review: The ST3 Pro e-scooter brings serious suspension alongside smart controls and more as Navee’s latest flagship

As a long-time rider of Segway electric scooters, my expectations are quite high for new brands looking to climb their way up to the standard that the household-name has set in stone at this point. Only within the last few months did Navee come onto my radar, with the brand offering me the chance to test out its latest flagship model, the ST3 Pro Electric Scooter, which has been quite the surprise, to say the least. At first, it seemed like it was full of gimmicks that were destined to fail, but after riding around for several weeks now, I can happily say that Segway may just have found a new challenger. Head below to get my hands-on impressions of this high-end e-scooter that still retains accessible pricing for the stunning list of features.

To get our full hands-on impression of this new flagship e-scooter, be sure to check out our review here.

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Anker SOLIX power stations

Save up to 61% on Anker SOLIX power stations and solar bundles during its Labor Day Sale – deals start from $120

Anker has launched its Labor Day Sale running through August 30 and taking up to 61% off the brand’s lineup of power stations, solar bundles, accessories, and more. Coinciding with the new pre-launch promotion on the upcoming C1000 Gen 2 station, we spotted Anker dropping its first-gen C1000 Portable Power Station bundled with a 200W solar panel and protective waterproof bag back to $729 shipped for the second time. This bundle normally fetches $1,598 in full, which we saw discounts take as low as $799 until last month’s Prime Day Sale when it hit this low price for the first time. At Amazon, you’ll only find the station and solar panel pairing for $700 shipped, so you’re getting the waterproof bag (valued at $100) for $30 more. This is a 54% markdown that cuts $869 off the tag for a second chance at the best price we have tracked. Head below to browse this sale’s full lineup.

The Anker SOLIX C1000 power station is one of the brand’s best compact backup power companions for camping trips, right alongside the smaller C800 Plus, C300 series, and C200. While not as big as its home backup models, it still brings a solid 1,056Wh LiFePO4 battery (expandable up to 2,112Wh) along for your off-grid adventures with 11 output ports that provide up to 1,800W of steady power that can surge as high as 2,400W. It can refill its own battery to 80% in 43 minutes through a standard AC outlet, with it taking 58 minutes to reach full. There’s also the 600W max solar input that can recharge it in 1.8 hours, so with the included 200W panel, you’re looking at things taking a little longer, around five or so hours. And your solar setup gets the added protection of the waterproof bag that fits the station and keeps it safer from the elements.

Anker’s other SOLIX C1000 Labor Day Sale deals:

Anker’s SOLIX C800 Labor Day Sale deals:

Anker’s SOLIX C300/C200 Labor Day Sale deals:

Anker’s SOLIX F2000 Labor Day Sale deals:

To check out Anker’s full SOLIX Labor Day Sale lineup, including the larger power stations and solar generator bundles, be sure to check out our original coverage of this sale here.

woman riding Rad Power RadRover 6 Plus e-bike through farm

Rad Power’s Labor Day Sale takes up to $600 off three legacy e-bikes starting from $999 + 25% accessory discounts

Rad Power has launched its Labor Day Sale promotions through September 3 with up to $600 taken off a selection of e-bikes alongside up to 25% discounts on accessories (applied in cart). Alongside the ongoing $999 low on the RadExpand 5 Folding e-bike that now sports a “last chance” mention, Rad has added one of my favorite models to the deals lineup, the RadRover 6 Plus Step-Thru Fat-Tire e-bike at $1,299 shipped. We last saw this model come off its $1,599 price tag back in June for the brand’s Father’s Day sale with a $200 discount, with today’s deal being the first we’ve seen its $1,299 pricing show up in 2025, which has mostly kept costs at $1,399 or higher, except the brief fall to the $1,199 low at the top of the year. Aside from that low price in January, you’re otherwise looking at the best deal of this year, saving you $300 off the going rate. Head below for more on this and the other models seeing discounts.

If you want to learn more about this model or the other models seeing discounts, be sure to check out our original coverage of this sale here.

Man standing next to Luckeep X1 Lite folding e-bike atop mountain

Affordable get up to 60 miles of commuting support on Luckeep’s X1 Lite folding all-terrain e-bike at a $466

AliExpress is offering a great deal for commuters shopping for e-bikes on a budget, with the Luckeep X1 Lite Folding Electric Bike currently available for $465.77 shipped, after using the code USAFF100 at checkout for an additional $100 off, which beats out Amazon by $84 and the brand’s direct website pricing by $283. This model normally fetches $1,149 at full price from the brand, and is now seeing a giant $683 price drop for one of the lowest prices we have ever tracked and delivering a much more affordable means to commute to your daily appointments.

If you want to learn more about this budget-friendly model, be sure to check out our original coverage of this massive discount here.

Jackery power stations sit atop box with flag in background for Labor Day sale

Jackery’s Labor Day Sale offers up to 50% off on power stations and more with bonus 5% and 7% savings starting from $89

Jackery has launched its Labor Day Sale through August 28 with up to 50% discounts on its lineup of power stations, as well as bonus 5% and 7% savings on orders over $1,300. Among the offers this holiday season, we spotted Jackery’s legacy Explorer 1000 Plus Portable Power Station bundled with an expansion battery and two 100W solar panels for $1,519.05 shipped, after using the code EMAIL5 at checkout for an extra 5% off your cart’s total. This bundle would normally cost you $2,099 in full, with discounts having usually being on the station and solar panels for $1,299. The addition of the extra battery would cost you $459 right now, meaning you’d normally be spending $1,758 for this same setup. You’re looking at a combined 28% markdown here that cuts $580 off the tag for the best price we can find. Head below to get the full lineup of deals we’re seeing during this sale.

If you want to learn more about this solar bundle, or browse the full extent of Jackery’s Labor Day lineup, be sure to check out our original coverage of this sale here.

woman cutting branch with greenworks 60V 16-inch cordless chainsaw

Clear storm debris with Greenworks’ 60V 16-inch cordless chainsaw kit at $190 annual low

Amazon is offering the Greenworks 60V 16-inch Cordless Chainsaw with a 2.5Ah battery at $189.99 shipped, which beats out the brand’s direct website pricing by $50. While it normally carries a $300 MSRP, we’ve been seeing it recently keep down at $240 at Amazon, with discounts having only gone as low as $200 this year. You’re looking at the best price of the year so far on this model, which has shed $50 off the going rate ($110 off the MSRP) and lands as the second-lowest overall price we have tracked – $40 above the low we last saw during Christmas sales.

If you want to learn more about this chainsaw’s capabilities, be sure to check out our original coverage of this deal here.

woman handing man drink from goal zero alta 50 portable electric cooler

Save 30% on Goal Zero’s Alta 50 single-zone and Alta 80 dual-zone electric coolers starting from $560

By way of its official Amazon storefront, Goal Zero is offering its Alta 50 Portable Electric Fridge and Freezer for $559.89 shipped, with its larger Alta 80 variant also seeing an equally significant discount (more on that below the fold). This smaller unit normally goes for $800 at full price, which we’ve mostly seen discounts this year drop between $640 and $560, though there was one fall to $559, not to mention the falls to $550 and the $522 low back in 2024. You’re looking at the second-best price of 2025, though, with the 30% markdown here cutting $240 off the going rate, landing it at the fourth-lowest price overall that sits $38 above the one-time all-time low from Black Friday.

If you want to learn more about this cooler or its larger variant, be sure to check out our original coverage of this deal here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Fort Polk goes green: 97 acres of solar to power US Army housing

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August 22, 2025

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Fort Polk goes green: 97 acres of solar to power US Army housing

Fort Polk solar
Photo: Onyx Renewables LLC

Fort Polk, a US Army installation in Louisiana, is about to get a big solar power boost. Clean energy developer Onyx Renewables has wrapped up construction on two 13 megawatt ground-mount solar projects. The solar arrays are scheduled to come online this fall.

Despite Republican opposition to solar, the Army recognizes its benefits. Developed in partnership with sustainable infrastructure company Corvias, the project at Fort Polk (formerly Fort Johnson) is part of a push to help the Army cut energy costs and improve resiliency. The solar systems are designed to deliver stable electricity prices for the base under a 25-year power purchase agreement – and in their first year, they’re projected to meet 40% of the electricity needs for on-base housing.

Fort Polk’s solar arrays sit on 97 acres and will be financed, owned, and operated long-term by Onyx. Battery storage and microgrid tech will also be added later to help strengthen the base’s energy independence.

“By increasing onsite energy capacity with distributed resources, we are not only bolstering crucial resilience across the base but also generating savings that will benefit the military community stationed there,” said Kevin Cox, SVP of Origination at Onyx.

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Onyx and Corvias have worked with the Army before, such as on projects at Fort Riley. Corvias CEO Chris Wilson said the company’s work across military housing reflects how critical energy resilience is to national security. “By enhancing the energy infrastructure of military installations, we are helping to meet tomorrow’s defense needs.”

Read more: 5 US military bases in the Carolinas just signed up for solar power

The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Hyundai and Kia join forces with Korean EV battery giants to take on China

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August 22, 2025

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Hyundai and Kia join forces with Korean EV battery giants to take on China

Hyundai-Kia-EV-battery

South Korea’s top automakers and battery companies are teaming up for the first time to take on China and advance new technology. Hyundai and Kia announced a new alliance with three EV battery giants to help Korea gain an edge.

Hyundai and Kia form new EV battery alliance in Korea

The global EV market is a “national competition,” warned Kim Dong-myung, CEO of LG Energy Solution, on Friday.

Kim is also the chairman of the Korean Battery Industry Alliance, which aims to solidify the country’s leadership in electric vehicle battery technology.

According to Kim, “The government and companies must become one team,” he added that “LG Energy Solution will also run until the end to ensure Korea’s future competitiveness.”

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LG Energy Solutions is one of the three major Korean battery companies, along with Samsung SDI and SK On, which have joined forces with Hyundai and Kia to remain competitive. It’s the first time the country’s top carmakers and battery companies have joined forces.

After proposing a “Battery Safety Task Force” last year, Hyundai and Kia made it official on Friday, signing a new business agreement to “further enhance cooperation in the future.”

Hyundai-Kia-EV-battery
Hyundai, Kia, LG Energy Solution, Samsung SDI, and SK On join forces to advance EV battery tech (Source: Hyundai)

The companies announced the collaboration at Hyundai Motor’s Namyang R&D Center in South Korea, with several government officials and company officials in attendance.

At the event, Hyundai, Kia, and the battery companies revealed several projects where “each company will leverage its own specialized technologies.” The partnership will focus on five areas, including new safety patents, digital battery passports, design quality, manufacturing quality, and firefighting technology.

Hyundai-Kia-EV-battery
Kia EV4 testing in Europe (Source: Kia)

Developing safer battery tech, Hyundai said, the new partnership will “further contribute to strengthening national competitiveness.”

The partnership comes after Hyundai and Kia launched a joint project in September to develop lower-cost lithium-iron-phosphate (LFP) batteries, aiming to challenge BYD’s Blade batteries and other Chinese leaders.

Electrek’s Take

According to SNE Research, China is widening its lead in the global electric vehicle battery market. In the first half of the year, CATL and BYD alone accounted for over 55% of global EV battery sales, up from 53% compared to the same period in 2024.

Meanwhile, the combined market share of LG Energy, SK On, and Samsung SDI decreased to 16.4%, a 5.4% decline from the same period last year.

With Hyundai and Kia preparing to launch a series of lower-cost, mass-market EVs, the new alliance could be beneficial for everyone involved.

China is still leading the global EV race by a wide margin, but South Korea has ambitious plans for the future. Can they close the gap? Hyundai and Kia are quickly becoming top-selling EV brands in a number of global markets, but so are China’s BYD, Geely, XPeng, NIO, Li Auto, and others.

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