Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
U.S. Natural Gas Futures Lower
1006 ET – U.S. natural gas futures are lower with light weather-driven demand expected over the weekend, picking up somewhat into next week. The market continues to watch the war in the Middle East and demand for LNG given loss of supply out…
Spikes and reprieves: the sobering truth about the future of gas prices across the U.S.
CNN News Central's Kate Bolduan goes one-on-one with Amos Hochstein, former senior adviser to President Biden, to discuss rising gas prices across the U.S. as the Strait of Hormuz remains closed.
Bay Area drivers outraged by eye-watering price of gas in tech enclave
California drivers were stunned by the eye-watering price of gas at Bay Area filling station as fuel costs skyrocket across the US. Gas prices in America have seen a 70-cent average increase over the last month as Donald Trump's war on Iran nears…
'I don't give a shit about Iran. I don't want to pay higher gas': Motor City motorists feel pinch as gas prices surge
On a rainy Detroit afternoon at a gas station off Interstate 75, Victor Rodriguez watched the pump tally tick up as he filled up his F-250 diesel pickup truck for $4.19 per gallon. It totaled $110. “Ridiculous,” he said. The US-Israel…
Iran lets 2 India-flagged gas tankers sail through Strait of Hormuz: insiders
Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct knowledge of the matter said, a rare exception to the Iranian blockade that has disrupted…
Trump proposes to loosen rules for cancer-causing gas from sterilizer plants
The Trump administration proposed Friday to loosen rules surrounding emissions of a cancer-causing gas from sterilizer plants. The Environmental Protection Agency (EPA) announced a proposed rule to loosen requirements for sterilizer plants that…
Republicans wrestle with gas price pain as Iran war rages
The price of diesel, which truckers and farmers use, is now over $5 in Georgia, according to AAA. On Thursday, the cost of oil had jumped to $100 per barrel after a roller coaster of spikes and dips. Iran war sends Atlanta fuel prices higher…
Jim Cramer on Devon Energy: 'Great Natural Gas Portfolio'
Devon Energy Corporation (NYSE: DVN) is one of the stocks Jim Cramer answered questions about. A caller mentioned that the stock looks undervalued due to the upcoming merger, and asked if they should sell, take a “schnitzel” approach…
Eni Sees Path to Exporting Venezuelan Gas in Post-Maduro Opening
Italian energy company Eni SpA sees potential to export Venezuelan gas in a fresh sign of the Caribbean country's gradual return to international markets under a US-supported interim administration. Eni said a new agreement, which was announced by…
Trump's Iran war gas spike compared to Biden's 'Putin price hike'
When Russia invaded Ukraine on February 24, 2022, gas prices began climbing. By June, the U.S. average hit $5.01 per gallon, an all-time record. It was an economic shock that would dog President Joe Biden 's approval ratings for months. Four years…
How much gas has increased in every state as Iran war rages on
Gas prices are up in all 50 states and the District of Columbia since February 28, when the U.S. and Israel launched their first joint strikes on Iran which started the conflict now disrupting the global oil market. While California drivers are…
Tony Blair think-tank warns Labour must ramp up North Sea oil and gas
Britain must ramp up North Sea oil and gas production and stop 'outsourcing' Britain's energy security, Tony Blair 's think-tank insisted today. The TBI's energy policy expert Tone Langengen said the Middle East crisis showed the need to minimise…
Europe Gas Open Interest Drops as Traders Struggle With Turmoil
Open interest in European natural gas futures dropped to a five-month low, with traders struggling to navigate intense price swings driven by unpredictable newsflow from the Middle East and closing their positions. There's little sign that the war…
Gas tops $8 at some Los Angeles stations, nearly double Seoul prices
LOS ANGELES — At a gas station near downtown Los Angeles, the price of regular gasoline this week climbed past $8 per gallon, prompting some drivers to do a double take at the pump. Photos and short videos of the price board quickly began…
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Restaurant shutdowns amid gas shortage drag down Swiggy, Zomato orders
With the LPG shortage triggered by the Middle East conflict shutting or limiting restaurant operations across India, delivery workers associated with Swiggy and Zomato say their daily orders have fallen sharply. With fewer restaurants operational…
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