Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gas prices hit Labor Day high
The average price of gas going into this Labor Day weekend reached a record holiday high compared with past years at $4.14 a gallon, according to a national tracking average from AAA. The previous record for Labor Day was $3.82 in 2012. On Monday…
Opinion: Oil patch M&A boom signals confidence in Canada's gas export superpower strategy
Please log in to bookmark this story. Create Free Account Canadians have always appreciated validation from foreigners. Last week, London-based Shell PLC validated the country's potential as an energy superpower by closing its $22-billion takeover…
Korea Picks $22 Billion Gas Project as First Under Trade Deal
South Korea has identified a gas-fired power project in Texas as the first US investment under a trade deal agreed last year, a step that could help ease tensions between the two allies after months of friction over the pace of progress related to…
Warm Winter Forecasts Offer Relief to Europe's Meager Gas Stores
Europe's natural gas markets may get a helping hand from weather conditions in the upcoming heating season, with a growing consensus among forecasters that an unusually mild autumn and winter will curb demand. If the forecasts are correct, it would…
Germany Faces Winter Gas Shortage Risk as Storage Lags
Germany is risking gas shortages this winter if it turns out to be colder than previous years, the country's gas storage association has warned. With current gas storage levels at 54.52%, the industry association, INES, said the best it could do by…
Afghanistan, Saudi Arabia sign gas pipeline deal
Saudi Arabia's Delta Energy Group on Monday signed landmark agreements with Afghanistan 's Ministry of Mines and Petroleum covering oil and gas exploration across approximately 9,000 square miles in western Afghanistan. The agreements also include…
How to avoid overpaying for gas in LA
Los Angeles drivers coming out of Labor Day weekend are facing a painful refill at the pump — but we have some tips to ease the pain. The average price of regular gasoline in the Los Angeles-Long Beach area just rose to $5.86 per gallon…
Michigan gas prices drop 12 cents in a week, but diesel costs surge
Gas prices in Michigan are down 12 cents from a week ago, AAA-The Auto Club group said in its latest weekly report. Michigan drivers are now paying an average of $4.03 per gallon for regular unleaded. This price is 17 cents less than this time last…
Gas prices continue to rise in Gem State
Drivers across the nation, including here in Idaho, continue to reel from the effects of higher gas prices. According to AAA, Tuesday's average price for a gallon of regular gas in the Gem State is $4.62, which is about 2 cents higher than a week…
Santos CEO wants gas reserve rules set, but with key changes
Santos chief executive Kevin Gallagher is set to call for timely decisions on the federal government's planned gas reservation system to clear the way for billions of dollars of potential investment to develop production in the Northern Territory…
Regulator urges homeowners to check their gas engineers' credentials
A poll of 2,000 homeowners found Gen X and Boomers are more inclined to look for 'traditional' signs of professionalism in tradespeople, such as a friendly and professional manner (61%). Just 14% from older generations would trust a tradesperson…
Real Men of Genius Cure the Anxiety That Ails Ya: How 'Bout a Nice Gas Engine for That EV?
Oh, dear and gentle readers - how I wish I could say this was a Bee article, but it's not. In an extraordinary DERP, it seems that the engineering titans who brought you the Battery Electric Vehicle, as well as all the associated range anxiety that…
A giant Texas gas plant could draw billions from South Korea
South Korea could invest $22.3 billion in a massive Texas gas plant The proposed facility would generate 6.3 GW of electricity for AI Seoul says negotiations remain unfinished, leaving the reported investment unconfirmed South Korea and the United…
A Labor Day gas record, Amazon's deadly jet crash, the rise of the CISO and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. It's the first day with Canada's reciprocal tariffs in effect. President Donald Trump is now saying Canadian planemaker Bombardier…
Fox News has claimed that high gas prices would be temporary at least 188 times since the beginning of Trump's conflict with Iran
Since the beginning of President Donald Trump's war with Iran, Fox News has attempted to downplay, dismiss, and deflect from the resulting pain at the pump, including by repeatedly claiming that elevated prices would be temporary. Fox figures have…
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