# U.S. outpacing China in fossil fuel spending for first time in decades - FT — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-07-05 01:25 ingested 2026-07-05 08:48

[original source ↗](https://seekingalpha.com/news/4611515-us-outpacing-china-in-fossil-fuel-spending-for-first-time-in-decades---ft?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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Energy

U.S. outpacing China in fossil fuel spending for first time in decades - FT

Jul 04, 2026, 9:25 PM ETState Street Energy Select Sector SPDR ETF (XLE), XLUIDU, VDE, VPU, IXC, XOP, RSPU, FUTY, SIEGY, UTES, SRVR, DTCR, TRFK, GEV, VOLTBy : Carl Surran, SA News Editor

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U.S. investment in fossil fuel technologies is set to overtake China for the first time in decades, due largely to surging orders for gas-fired turbines as companies rush to build out data centers, the Financial Times reported this week, citing

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document fetched 2026-07-05 08:48 · canonical https://seekingalpha.com/news/4611515-us-outpacing-china-in-fossil-fuel-spending-for-first-time-in-decades---ft?feed_item_type=news