Gas Industry News

Welcome to the gas price election

Diamondback Forecasts Permian to Also Be Gas King by Next Decade

Diamondback Energy Inc. said the Permian Basin, home to the nation's most productive oil field, will also become the biggest natural gas play in the US sometime in the 2030s. One of the biggest drillers in the West Texas and New Mexico oil patch is…

British Gas resumes force-fitting prepay meters months after £112m settlement

British Gas has resumed force-fitting prepay meters in the homes of people unable to afford their energy bills months after paying the largest settlement on record for sending debt collectors into the homes of vulnerable customers. The industry…

ONE Gas: Q3 Earnings Snapshot

TULSA, Okla. (AP) — TULSA, Okla. (AP) — ONE Gas Inc. (OGS) on Monday reported earnings of $31.2 million in its third quarter. On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 49 cents. Earnings, adjusted…

Use £5bn oil and gas revenues to fund Acorn carbon capture - SNP

News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK Government must use £5.1 billion in forecast…

Use £5bn oil and gas revenues to fund Acorn carbon capture - SNP

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 UK Government must use £5.1 billion…

US Natural Gas Rises on Lower Appalachian Output, Cooler Weather

US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly cooler…

Michigan gas prices drop 28 cents since last week, AAA says

Gas prices in Michigan are down 28 cents from a week ago, AAA-The Auto Club Group reports. Motorists are now paying an average of $4.55 per gallon for regular unleaded gas, which is 28 cents less than this time last week, 2 cents more than this…

USPS is putting a permanent gas surcharge on mail and packages in 2027: What it means for your shipping costs

More fallout from the war in Iran: The United States Postal Service (USPS) plans to permanently add a fuel surcharge next year. The move follows in the footsteps of both FedEx and UPS, which also increased their prices due to the skyrocketing cost…

Use £5bn oil and gas revenues to fund Acorn carbon capture - SNP

The UK Government must use £5.1 billion in forecast oil and gas tax receipts over the next year to fund the Acorn carbon capture project, the SNP has said. The project in Aberdeenshire was due to receive £200 million in grant funding…

Trump's 'Epic Fury 2.0' won't just spike gas prices. It will starve global agriculture

Saudi Arabia's eastern industrial spine shows why. Abqaiq prepares much of the kingdom's crude for export. Ras Tanura combines export and refining functions in the same coastal system. The East West Pipeline and Yanbu would offer Saudi Arabia its…

Trump 'pushing to restore Russian gas sales to Europe through Ukrainian pipelines'

The Trump administration is pushing to restore Russian natural gas sales to Europe via pipelines running through Ukraine, according to a new report. US envoys Jared Kushner and Steve Witkoff proposed the idea during trips to Moscow and Kyiv earlier…

Millions of dollars from the worst US gas leak are now available to help residents electrify homes

Millions of dollars of settlement money from the largest known methane leak in the United States are now available to affected residents to replace gas-powered appliances with electric ones. Organizations involved in distributing the money say it…

White House cites Korean trade deal, Alaska gas project among Trump's fulfilled pledges

WASHINGTON — The White House on Monday highlighted U.S. President Donald Trump's trade agreement with Korea and a Alaska natural gas project involving Seoul among his fulfilled campaign promises, as it touted his achievements on the eve of…

Disneyland forced to pull plug on Autopia gas engines ahead of California mandate

Disneyland will replace the gas-powered cars on its classic Autopia attraction with electric vehicles ahead of a looming deadline. The change comes just months before the state's Feb. 1 deadline to retire the cars or shut the ride down completely.