Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil and gas industry expected surplus - but war brought shortage
In 2023, the International Energy Agency predicted that by 2028 the world's oil companies would produce more oil than people wanted to buy. Prices responded to that and similar projections of slowing oil demand, dropping too low to attract…
Indiana governor extends gas tax suspension
Indiana Gov. Mike Braun (R) said Wednesday he is extending his state's gas tax suspension as fuel prices elevate due to the ongoing war in Iran “Today I announced another gas tax extension with additional relief for farmers,” Braun…
BMW built the same car for gas and electric. The EV is $4,400 cheaper.
For years, automotive analysts have been predicting that electric vehicles would become cheaper than their gas-powered equivalents. They figured it would happen sometime in the latter half of the 2020s. BloombergNEF, for example, expected it to…
New UK gas and oil projects are a 'no-brainer', says EDF boss
New oil and gas projects are a “no-brainer” that pose “no contradiction” to the net zero agenda, according to the head of EDF Energy. Simone Rossi has joined a string of renewables leaders in making the case for more…
First Direct Image of Protoplanet Swirling Surrounding Gas
The formation and evolution of planets is the driving force behind both where and how we might find life beyond Earth. This complex and lengthy process first begins with a massive ball of gas and dust that swirls until it flattens into a disk…
Gas Prices Are High, but So Is the Price of Liberty
With the midterm elections nearing, Democrats are surging ahead in the polls, offering rhetoric about a “failed Republican economy.” But the facts show that the first two years of Republican control have produced impressive economic…
WATCH: Trump announces $54 billion South Korean investment in Alaska natural gas pipeline
WASHINGTON (AP) — President Donald Trump announced on Wednesday plans for South Korea to invest roughly $54 billion to export natural gas from Alaska, a project long backed by Republican Sen. Dan Sullivan, who's in a competitive reelection…
Natural Gas Falls Below $3/mmBtu Threshold
0946 ET – Natural gas futures have fallen below the $3 per million British thermal units threshold. Futures are looking for support, says EBW Analytics in a note. But it being the end of the month, natural gas futures may soon stop their…
The Oracle of Wall Street says the pain of high gas prices is starting to hit high-income Americans
A renowned forecaster on Wall Street says the economic pain of the Iran war is becoming more widespread among US households. Meredith Whitney, also known as the ' Oracle of Wall Street,' says the inflationary impact of higher oil and gas prices is…
Two Ole Miss students are dead. Trump must ban 'gas station heroin' now
At least 5,208 overdose deaths from 2020 to 2024 involved kratom, according to Centers for Disease Control overdose data. (By comparison, crack — the byword for a national drug crisis — killed about 6,000 people across 25 big cities…
Keisha Lance Bottoms unveils new 'Drive Plan' to cut gas and car insurance costs for Georgians
Keisha Lance Bottoms is making driving costs a key issue in her campaign for Georgia governor. She is proposing fuel and car insurance tax cuts that she says would provide long-term relief. Bottoms, the Democratic candidate for governor, unveiled…
Ohio lawmakers pass 90-day gas tax holiday
COLUMBUS, Ohio (AP) — State officials nationwide are focusing on rising gas and diesel prices tied to the war in Iran, offering gas tax holidays and other measures to ease costs as affordability remains a top voter concern in the critical…
High gas prices are spurring states to waive taxes and regulations amid midterm election
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Will new EU methane rules really push up gas prices in Europe?
The EU has proposed to delay new rules to cut planet-warming emissions from methane, saying a delay would “relax” pressure on energy markets and therefore cut oil and gas prices. EU energy chief Dan Jorgensen, under pressure from…
Trump's $200BN Korean 'Investment' Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A 'Future Discussion'
A week ago, we wrote that South Korea had finally found a home for the first slice of the $350 billion it promised Trump: a $22.3 billion, 6.3GW gas plant in Encinal, Texas, with no customers, no PPA, and turbines that may not show up this decade.
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