FACT SHEET: The Energy Department is Celebrating President Trump’s Great American Energy Comeback in Midland, Texas

THANKS TO PRESIDENT TRUMP, AMERICA IS LEADING THE WORLD IN OIL AND NATURAL GAS

• On Monday, August 17, 2026, Secretary Wright will visit Midland, Texas to celebrate the Great American Energy Comeback and highlight how President Trump’s energy dominance agenda has made our nation more energy dominant than ever before.
• Thanks to President Trump’s leadership, the U.S. leads the world in oil and natural gas production and has reached record-high levels of output.
  • In 2025, the U.S. reached record-high oil production at 13.6 million barrels per day.
  • The U.S. is currently producing 24 million barrels per day in oil and other liquid fuels—more than Russia and Saudi Arabia combined.
• In 2025, the U.S. achieved record-high levels of natural gas production.
  • America is producing as much gas as Russia, Iran and China combined.
• In 2026, the U.S. is projected to produce 122.5 billion cubic feet per day (bcf/d)—surpassing the previous record of 118.5 bcf/d set in 2025.
• On day one, President Trump directed the Energy Department to end the Biden Administration’s LNG export ban, delivering prosperity at home and peace abroad.
  • The U.S. is now leading the world in LNG production, with exports set to nearly double by the end of the decade.
  • Since January 2025, the Energy Department has approved approximately 22.3 bcf/d in non-FTA LNG export authorizations—more than the entire U.S. export capacity the day President Trump took office.
• Under President Trump’s leadership, the U.S. continues to have among the lowest energy prices in the world.
  • U.S. natural gas prices are among the lowest in the world.
  • Americans continue to pay lower gasoline prices than most other developed countries. 
     

ENERGY PRODUCTION IN MIDLAND IS CRITICAL TO AMERICAN ENERGY DOMINANCE

• President Trump’s energy dominance agenda is unleashing the full potential of the Permian Basin, with Midland at the heart of America’s historic energy resurgence.
• Since 2016, crude oil production in the Permian region increased by roughly 250%, from about 1.9 million barrels per day in 2015 to a record 6.6 million barrels per day in 2025.
• Advances in hydraulic fracturing and horizontal drilling unlocked vast resources in the Wolfcamp and Spraberry formations, establishing the Permian Basin as a critical driver of American energy.
• Today, Permian Basin produces nearly half of America’s crude oil output and more than one-fifth of its natural gas supply.
  • In December 2025, the Permian Basin produced 6.7 million barrels per day (bpd) of crude oil, accounting for 44% of total U.S. oil production, as well as 22.2 bcf/d of U.S. marketed gas production.

AMERICAN ENERGY IS FUELING JOBS AND OPPORTUNITY IN MIDLAND

• President Trump’s agenda to unleash American energy is driving Midland’s already robust energy economy and population growth across the region.
• Midland’s thriving energy industry is supporting jobs and economic opportunity across West Texas.
  • Midland’s population has increased 11% since 2020—the fastest growth among West Texas cities.
  • Midland has more than 72 times the national employment share in the mining, quarrying, and oil and gas extraction industry.
  • According to employment data through May 2026, upstream oil and gas employment in Texas increased by 4,100 jobs—an increase for the third month in a row.