U.S. natural gas production reached a record 137 billion cubic feet per day in July 2026, driven by new wells in the Permian Basin across Texas and New Mexico. Growth was supported by higher prices, improved well productivity, and new pipeline infrastructure easing transport bottlenecks to LNG export terminals.
New Mexico seeks $35-40 billion in penalties against Meta after a jury found the company misled consumers about Facebook data privacy in a case stemming from the Cambridge Analytica scandal, where a political consulting firm harvested data from 87 million users without consent. The jury found 26 of 29 company statements misleading and identified over 43 million violations of New Mexico's consumer protection laws. Judge Francis Mathew will decide the final penalty amount, with Meta arguing for a $3.45 billion cap.