Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump is slightly over optimistic on gas prices
Addressing business leaders this week, President Donald Trump argued that the economy was “roaring.” He added that gasoline prices, which are at four-year highs, will be “going down very substantially.” The average cost…
Greens only party telling truth on need to stop oil and gas drilling - Mackay
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 Scottish Greens are the only party…
Map shows how the price of gas in your state compares with the rest of the US
How do gas prices in your state stack up against the rest of the country? Business Insider created an interactive map so you can find out. Gas prices have been climbing steadily since late February. The national average was $2.98 a gallon on…
Biggest seller of gas to UK posts £7billion profit after Iran war price surge
Britain's biggest gas supplier has been accused of profiting from the Middle East war while households reel from soaring prices. Norwegian giant Equinor raked in profits of just under £7billion in the first three months of this year, joining…
Pakistan Seeks Emergency LNG Supply to Ease Natural Gas Shortage
Pakistan is urgently looking to purchase liquefied natural gas from the spot market for delivery in May, as the country faces hot weather that threatens to stretch the grid and worsen a shortage of the power plant fuel. State-owned Pakistan LNG…
High Gas Prices Wreak Havoc on America's Army of Supercommuters
Nicole Smith fills the gas tank of her 2021 Jeep Compass three times a week to keep up with her long commute, 50 miles each way, three times a week, from her Fredericksburg, Va., home to a graduate program in the nation's capital. Smith, 35, and…
US gas prices rise above $4.50. Map shows price per state
National average gas prices pushed past $4.50 per gallon for the first time since July 2022 on Wednesday, according to the latest data by the American Automobile Association (AAA). The national average hit $4.536 as of Wednesday, a rise of about…
US natural gas futures dip as demand outlook weakens and LNG exports fall
U.S. natural gas futures eased about 1 percent on Tuesday on forecasts for less demand over the next two weeks than previously expected as gas flows to liquefied natural gas (LNG) export plants decline during the usual spring maintenance season.
Map shows states where gas prices expected to decrease
Gas prices across the Great Lakes are expected to fall sharply in the next two weeks as refinery problems ease, with Michigan, Indiana, Ohio, Illinois and Wisconsin likely to see some of the biggest declines, according to fuel‑market analyst…
The War on Iran Is Fueling an Energy Crisis. This Wasted Gas Could Help
The fossil fuel industry is responsible for more than a third of the world's methane pollution, and its emissions show no sign of falling. According to a new report, fixing methane leaks at oil and gas sites is not only essential to curbing global…
Chinese Truck Drivers Are Going Electric as Gas Prices Soar
As electric car sales soften in China after years of breakneck growth, electric trucks are taking off, with the emerging industry expected to get a boost from the Iran war. At the recent Beijing auto show, a hulking silver electric truck towered…
Oil plunges, markets surge on report U.S. and Iran near deal to end war as gas prices jump past $4.50
The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz. Officials in Washington and Tehran were working on 'a…
US Natural Gas Futures Fall on Lower Supply to LNG Export Plants
US natural gas futures declined as flows to liquefied natural gas export terminals dropped to the lowest since late January, leaving more supplies within the domestic market. US gas traders may also be selling after oil price gains on Monday…
Rubio insists US is 'very fortunate' as Iran war pushes gas price near $4.50
Marco Rubio has argued the US is in a “very fortunate” position as fuel prices continue to climb nationwide amid disruption sparked by the US-Israel war on Iran. With average US fuel prices now approaching $4.50 a gallon –…
National average for gas surpasses $4.50 as Strait of Hormuz tensions persist
WASHINGTON — The national average price of a gallon of regular gas rose by nearly 6 cents overnight, as tensions flare in the Strait of Hormuz and a tenuous ceasefire agreement between the United States and Iran is being tested. The national…
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