Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What will Iran deal mean for gas prices?
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…
Flynn says SNP will 'fight to protect' oil and gas while also backing renewables
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”…
Lingering questions from Iran deal for oil and gas prices
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…
U.S. Natural Gas Futures Start Week Lower
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…
Iran deal could lower gas prices. Map shows who stands to gain most
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…
End the Renewable Fuel Standard Now, and Lower Gas Prices
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…
Gas Prices Are Down as Markets Clap and Repeat, 'I Do Believe in the Iran Deal, I Do Believe in the Iran Deal
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…
Global energy crisis can be Australia's gas opportunity: Shell boss
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…
Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens
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…
Will gas prices plunge after U.S. deal with Iran? Expert says, 'this might be another false start'
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…
U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows
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…
Even the NY Media Demolishes Hakeem Jeffries When He Tries Gaslighting on Gas Prices
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…
Oil and Gas Supplies Could Take Months to Return to Normal - TT
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…
Will the Alberta government suspend the provincial gas tax?
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…
US Natural Gas In A Dominant Position For Decades To Come
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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