Sweeping job cuts in offices under the purview of the U.S. Department of Energy (DOE) may put the natural gas market at risk.
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The gutted agencies responsible for approving infrastructure projects and producing data and reports that inform, forecast and often influence global oil and gas markets may find it increasingly challenging to accomplish their work, market participants say.
FERC became a target of the Trump administration’s Department of Government Efficiency (DOGE) in January. The initiative, initially led by billionaire Elon Musk, focused on reducing government waste and restructuring priorities.