U.S. Energy shares surge 13.0% intraday as API urges federal permitting reforms to boost infrastructure investment and reduce project delays.

U.S. Energy surged 13.0% during intraday trading, driven by the American Petroleum Institute’s (API) advocacy for federal permitting reforms to accelerate U.S. energy infrastructure projects. API highlighted that streamlined approvals under NEPA and improved coordination would reduce costs and boost investment, directly benefiting energy firms reliant on regulatory efficiency. Additionally, the EIA’s report that 99% of new U.S. energy capacity through 2026 will be solar, wind, and storage reinforced optimism for the company’s renewable energy focus, aligning with market trends toward clean energy growth. These developments collectively positioned U.S. Energy to capitalize on policy-driven infrastructure.