Gas Industry News

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thehill.com - Rachel Frazin - What will Iran deal mean for gas prices?
What will Iran deal mean for gas prices?
The Hill

The U.S.-Iran peace deal is expected to bring some relief for Americans' at the pump, but even if it holds, prewar gasoline prices could be elusive. © Amirhosein Khorgooi, ISNA via Associated Press The agreement is expected to increase traffic…

standard.co.uk - Katrine Bussey - Flynn says SNP will 'fight to protect' oil and gas while also backing renewables
Flynn says SNP will 'fight to protect' oil and gas while also backing renewables
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The SNP will “fight to protect”…

washingtonexaminer.com - Callie Patteson - Lingering questions from Iran deal for oil and gas prices
Lingering questions from Iran deal for oil and gas prices
Washington Examiner

Senior U.S. officials confirmed that President Donald Trump and Vice President JD Vance digitally signed the memorandum of understanding, along with Iranian Parliament Speaker Mohammad Bagher Ghalibaf. The peace deal, however, still has to be…

wsj.com - U.S. Natural Gas Futures Start Week Lower
U.S. Natural Gas Futures Start Week Lower
Wall Street Journal

0844 ET – U.S. natural gas futures are lower with the market more focused on the loss of weather-driven demand than the U.S.-Iran agreement to end the Middle East conflict. “The strait has little to do with it as bearish weather for…

newsweek.com - Hannah Parry - Iran deal could lower gas prices. Map shows who stands to gain most
Iran deal could lower gas prices. Map shows who stands to gain most
Newsweek

National average gas prices fell to $4.07 per gallon on Monday after reports that the U.S. and Iran have reached a framework agreement aimed at easing tensions and reopening key oil shipping routes. Pump prices remain at four-year highs but have…

redstate.com - Ward Clark - End the Renewable Fuel Standard Now, and Lower Gas Prices
End the Renewable Fuel Standard Now, and Lower Gas Prices
redstate.com

The Renewable Fuel Standard, or RFS, is a federal program mandating a minimum addition of 'renewable' fuels to transportation fuels in the United States. These renewables can include ethanol, biodiesel, and other biofuels. The Environmental…

gizmodo.com - Matt Novak - Gas Prices Are Down as Markets Clap and Repeat, 'I Do Believe in the Iran Deal, I Do Believe in the Iran Deal
Gas Prices Are Down as Markets Clap and Repeat, 'I Do Believe in the Iran Deal, I Do Believe in the Iran Deal
Gizmodo | The Future Is Here

Average gas prices in the U.S. have dropped to below $4 per gallon for the first time since April, according to the latest data from GasBuddy. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite are all soaring on Monday. It's…

afr.com - Peter Ker - Global energy crisis can be Australia's gas opportunity: Shell boss
Global energy crisis can be Australia's gas opportunity: Shell boss
Australian Financial Review

Shell chairman Andrew Mackenzie says this year's global energy crisis could trigger a surge of foreign investment into Australia's liquefied natural gas industry, but he warns against government policy interventions, such as a new tax on exports…

theguardian.com - Jillian Ambrose - Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens
Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens
The Guardian

After more than 100 days of the greatest recorded disruption to the world's energy supplies, the global oil and gas markets have breathed a sigh of relief. Hours after Donald Trump confirmed that a US-Iran peace deal would lead to the reopening of…

cbsnews.com - Kristina  Rex - Will gas prices plunge after U.S. deal with Iran? Expert says, 'this might be another false start'
Will gas prices plunge after U.S. deal with Iran? Expert says, 'this might be another false start'
CBS News

With the announcement of a possible deal to end the war with Iran, one question remains on drivers' minds: will gas prices plunge? 'That'll be great,' said Cambridge Mobil customer Galen McDavid as he pumped his gas. 'I'll be smiling from ear to…

zerohedge.com - Tyler Durden - U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows
U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows
Zero Hedge

A U.S.-Iran agreement could reopen the Strait of Hormuz, but shipping and production will not immediately return to normal. More than 10 million bpd of Middle Eastern oil production has been shut in, and some fields may take months to restart…

redstate.com - Nick Arama - Even the NY Media Demolishes Hakeem Jeffries When He Tries Gaslighting on Gas Prices
Even the NY Media Demolishes Hakeem Jeffries When He Tries Gaslighting on Gas Prices
redstate.com

House Minority Leader Hakeem Jeffries (NY-08) does not do a great media job speaking for the Democrats, and he proved that again on Monday during an appearance on Good Day New York. Jeffries tried to buffalo the anchors and the audience by…

ttnews.com - Cathy Bussetitz - Oil and Gas Supplies Could Take Months to Return to Normal - TT
Oil and Gas Supplies Could Take Months to Return to Normal - TT
Transport Topics

A driver checks the gas price before she fills up at a gas station in Lincolnshire, Ill. (Nam Y. Huh/AP) An agreement to end the Iran war and reopen the Strait of Hormuz prompted oil prices to fall early June 15, though they remain above prewar…

globalnews.ca - Kabi Moulitharan - Will the Alberta government suspend the provincial gas tax?
Will the Alberta government suspend the provincial gas tax?
Global News

Alberta drivers hoping for some relief at the pumps will be eager to hear whether the provincial government will ease the fuel tax. Under Alberta's relief program, quarterly reductions to the provincial fuel tax are introduced when the price of the…

dailycaller.com - David Blackmon - US Natural Gas In A Dominant Position For Decades To Come
US Natural Gas In A Dominant Position For Decades To Come
The Daily Caller

The U.S. Energy Information Administration dropped its latest Short-Term Energy Outlook this week, and the numbers clearly demonstrate that America's shale revolution isn't slowing down — it's accelerating, and the world is better off for…

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