Gas Industry News
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Daily on Energy: How much did Trump's third oil and gas lease sale for the Gulf of America generate?
The Trump administration held its third offshore lease sale for oil and gas drilling in the Gulf of America this morning, drawing weaker bidding and less than a third of the revenue generated from the first auction last year. The details: The sale…
Third Trump Gulf of America offshore oil and gas lease auction draws weak bidding
The sale had offered just over 15,000 unleased blocks in the western, central, and eastern areas of the Gulf, spanning roughly 80.4 million acres. The blocks ranged from 3 to 231 miles offshore, with depths reaching more than 11,115 feet. Sixteen…
Inflation cooled last month as gas prices fell, though costs remain elevated
Excluding the volatile food and energy categories, core inflation also slipped to 2.5% in July from a year ago, down from 2.6% in June. July's figure matches a post-pandemic low reached in January and February, before the Iran war. Core prices rose…
GasBuddy: Gas has never been this high, this late in any calendar year
Gas prices reached the highest-ever level for this time of year on Wednesday, according to fuel rate tracker GasBuddy. Patrick De Haan, the head of petroleum analysis at GasBuddy, announced in a social media post that the national average price of…
Inflation cooled in July as gas prices fell - TT
Gas prices rose in late July and August, suggesting overall inflation could accelerate next month. (David Zalubowski/AP) U.S. inflation eased to 3.4% in July from 3.5% in June, while core inflation slipped to 2.5%, the Labor Department said Aug.
Koatsu Gas Kogyo 1Q Net Y1.65B Vs Net Y1.18B
Koatsu Gas Kogyo Co. Ltd. (4097.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y26.32 bln Y24.29 bln Operating Profit Y2.06 bln Y1.50 bln Pretax Profit Y2.41 bln Y1.81 bln Net Profit Y1.65 bln Y1.18 bln Per share Earnings Y29.84 Y21.37…
Mitsubishi Gas Chemical 1Q Net Y18.33B Vs Net Y8.41B
Mitsubishi Gas Chemical Co. Inc. (4182.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y223.70 bln Y177.98 bln Operating Profit Y27.85 bln Y10.98 bln Pretax Profit Y29.19 bln Y13.83 bln Net Profit Y18.33 bln Y8.41 bln Per share Earnings…
Map shows gas prices in each state as rising costs loom over midterms
Gas prices have again climbed above $4 per gallon amid stalled efforts to bring the Iran conflict to a close, and a confluence of other supply-side risks are threatening to compound the issue and its political risks for the Republican Party ahead…
Europe wants American gas. Why is it letting its courts sabotage our pipelines?
That principle is now being tested by the legal fallout from the Dakota Access Pipeline protests. After six years of litigation and a three-week trial, a North Dakota jury unanimously found Greenpeace liable for defamation, trespass, civil…
Inflation slowed last month as gas prices fell but costs remain elevated
Inflation in the United States slowed last month alongside a cooling in underlying price pressures, indicating that elevated oil and gas costs driven by the Iran war have had a limited effect on wider economic prices so far. According to Labor…
Magnolia Oil & Gas (MGY) Q2 2026 Earnings Call Transcript
Thursday, Aug. 6, 2026 at 11 a.m. ET Chairman, President and Chief Executive Officer - Christopher G. Stavros Senior Vice President and Chief Financial Officer - Brian Michael Corales Investor Relations - Tom Fitter Adjusted Net Income -- $184.3…
Southwest Gas (SWX) Q2 2026 Earnings Call Transcript
Wednesday, Aug. 5, 2026 at 11 a.m. ET President and Chief Executive Officer - Justin Brown Chief Financial Officer and Treasurer - Justin Forsberg Manager, Investor Relations - Tyler Franek Adjusted EPS -- $0.45 per share, increasing from $0.37 in…
Mike Rogers Says Abdul El-Sayed's Anti-Gas Policies Would Crash Michigan's Economy
The Left hates the things that make our lives better and more convenient. One of their biggest bogeymen is gas-powered cars, which are a symbol of freedom and allow Americans to travel across the country and live in suburban and rural areas without…
U.S. inflation cooled in July as gas prices fell but costs still high - National
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4 per cent in…
Oil and gas exec sues Starbucks over 'debilitating nerve damage' to genitals from hot tea spill
An oil and gas executive suffered “debilitating nerve damage” to his genitals after a cup of hot tea tumbled onto his lap from a wobbly table in Starbucks, according to a lawsuit. Vladimir Podlipskiy, 63, was inside a Starbucks in San…
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