Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Peoples Gas cutting every customer's November gas bill by $56
Peoples Gas said it will be cutting every customer's November gas bill by $56. The utility company said the money for the bill credits comes from a settlement reached with the Illinois Commerce Commission in April over costs related to pipeline…
U.S. Natural Gas Futures Extend Gains
0844 ET – U.S. natural gas futures add to yesterday's weather-driven gains as a cold spell forecast for the weekend across the eastern U.S. lifts near-term demand expectations. “Nymex futures pricing may increase short term…
Five in hospital after Scunthorpe steelworks gas leak report
Five workers at Scunthorpe steelworks have been taken to hospital following reports of a gas leak. Firefighters were called to the site on Tuesday morning but when they arrived staff had stemmed the leak and they left shortly afterwards, Humberside…
Five in hospital after Scunthorpe steelworks gas leak report
Becki Bowden East Yorkshire and Lincolnshire Five workers at Scunthorpe steelworks have been taken to hospital following reports of a gas leak. Firefighters were called to the site on Tuesday morning but when they arrived staff had stemmed the leak…
Map shows where gas prices are falling as average dips below $4
Gas prices have fallen below $4 per gallon for the first time since July, according to data from the Energy Information Administration (EIA), driven down by lower crude oil prices, the traditional post-summer drop in demand, and the shift to the…
Inflation runs hotter than expected as higher prices extend beyond the gas station
WASHINGTON (AP) — U.S. inflation was higher than expected last month as the rising prices that powered sweeping Democratic victories in last week's midterm elections appear likely to pose ongoing challenges for the White House and the…
Gas, oil prices fall on anticipation Iran war may be coming to an end
Nov. 10 (UPI) -- Gas prices at the pump fell below $4 per gallon Tuesday, their lowest level since July, on the back of a drop in global oil prices after President Donald Trump said further strikes on Iran were 'highly unlikely.' The drop in the…
US inflation rose 0.4% in October as price increases cooled and gas costs dipped
US inflation rose 0.4% from September to October, a cooldown in price increases as the cost of gas dipped during the month. The Bureau of Labor Statistics did not release the usual year-over-year inflation figure as part of the consumer price index…
Inflation posts slowest rise in three months as gas prices drop
Inflation in October rose 0.4% month-over-month, after energy prices eased throughout the month, bringing some relief to consumers who have been hammered by high prices for most of the year. But while the pace of inflation slowed down, it is not…
ALMA Reveals a Jet of Cool Gas from a Microquasar
There's a strange gamma-ray emitter in the Large Magellanic Cloud that has astronomers stumped about its source. It lies within the ashes left behind by a supernova that created a compact object that's part of the system. The supernova remnant…
US Gas Dips Below $4, Gas & Diesel Crack Spreads Tumble Ahead Of Thanksgiving
Brent traded around $91 a barrel and WTI around $85 a barrel as traders continued to assess efforts to de-escalate the Iran war and restore Middle East energy flows. The good news is that US gasoline prices have dipped below the politically…
European Gas Prices Dip as Trump Downplays Iran War Escalation
European natural gas slipped as US President Donald Trump said further strikes on Iran wouldn't be necessary, raising hopes he's willing to wind down the conflict that's rattled global energy trade. Benchmark futures fell for a third session…
Gas prices drop below $4 for first time since July despite inflation
Gas prices continued their post-election tumble, finally averaging below $4 per gallon for the first time since July, though inflation continued to run higher than expected. Gas prices reached record highs this year amid the war with Iran and the…
Average cost of gas drops to less than $4 per gallon for first time since July
The national average for the cost of gas dropped to less than $4 per gallon on Tuesday for the first time since July, as prices soared in the months following the start of the Iran war. According to AAA, the average price of gas hit $3.98 per…
Gas prices slip below $4 a gallon for first time since July
Gasoline prices in the U.S. are below $4 a gallon for the first time in nearly four months. According to AAA, the national average for a gallon of gasoline was $3.9788 on Tuesday, down from $4.56 a gallon earlier this year. After the price drop…
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