HOUSTON — Condensate is coming, and a whole lot of it too, U.S. Energy Information Administration Director Michael Schaal told attendees at a Platts, McGraw Hill Financial pipeline conference today. A ...

Beijing defends its new rare earth export curbs and warns its readying “corresponding measures” to counter any new U.S.

The industry is a key pain point for the U.S., which lags far behind China on rare earth extraction and refining. The impacts could be far-reaching on the U.S. economy and security interests.

China first unveiled export controls on rare earth in April as a response to Trump’s “reciprocal tariffs” on Chinese goods announced then. After agreeing on a trade truce in Geneva, US officials had ...