Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What Gas Prices Do Next Is Anyone's Guess
With the Strait of Hormuz closed for 82 days and Memorial Day Weekend upon us, Americans could face $5-a-gallon gas this summer, an energy expert told Forbes. Gas prices are 42% higher for Memorial Day Weekend than they were last year. Gas cost…
Story of the man-and company-that turned gas stations into destinations
When Americans think of destination travel, it generally involves cities like New York, Los Angeles or Las Vegas. Or natural wonders like the Grand Canyon or beach destinations like Florida's Emerald Coast or Hawaii. But one entrepreneur managed to…
At least eight dead and dozens trapped in coal mine after gas explosion
A gas explosion at a coal mine in China has killed at least eight people and trapped 38 underground, state media reported Saturday. The accident at Changzhi city's Liushenyu coal in the northern province of Shanxi mine happened Friday evening…
At least 90 killed by gas explosion in China coal mine
At least 90 people were killed in a gas explosion at a coal mine in China 's northern province of Shanxi, the country's deadliest mining accident since at least 2009. The gas explosion occurred late on Friday at the Liushenyu coal mine in Qinyuan…
Americans may spend $2B more on gas over Memorial Day as prices still surge
“With gasoline demand on the rise and the prolonged closure of the Strait of Hormuz, pump prices are likely to remain elevated as the summer travel season gets underway,” AAA said. At least 16 states are expected to see all-time…
Gas prices threaten Memorial Day road trips as pump costs hit historic highs
Americans traveling this Memorial Day weekend will face some of the highest gas prices in history. Despite the soaring costs due to the ongoing conflict in Iran causing shipping bottlenecks and blockades, AAA expects more than 39 million people to…
BJ's Competitive Gas Stations Drew Traffic in 'Record' Numbers in 1Q -- OPIS
'Our gas business continued to be a powerful proof point of our value proposition as families increasingly relied on BJ's for savings at the pump,' said Eddy, noting that by the end of Q1, retail gas prices rose nearly 50% compared to the start of…
Weekly Indicators: Consumers Continue To Power Through Gas Price Increases
All time frames remain positive, with robust consumer spending and strong coincident indicators supporting continued economic expansion. Long leading indicators are mixed: bond market spreads and corporate profits are positive, but the 'bear…
At least 82 dead and nine missing after 'gas explosion' at coal mine
AT least 82 people have been killed and nine others are missing following a terrifying gas explosion at a coal mine in China, reports say. An urgent rescue operation was launched on Friday night shortly after the deadly blast – with 247…
Inflation Angst Spreads as Consumers Spooked by Rising Gas Bills
Summer is shaping up to be bleak for the US consumer. Americans have been struggling for months with high gas prices and persistent inflation and consumer sentiment has hit a record low. The boost some got from tax refunds is fading. Now retailers…
SPDR Oil Gas ETF or Invesco Solar ETF: Which is the Smarter Energy ETF to Buy?
Energy investors often weigh the established cash flows of traditional carbon-based assets against the high-growth potential of the burgeoning renewable sector. The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP +0.76%) and the…
Americans are paying $2 billion more for gas this Memorial Day weekend than they did last year
As Memorial Day weekend gets under way, gas is the most expensive it's been all year — and prices at the pump will likely go even higher before they retreat. So will drivers finally crack under the pressure? What happens to their budgets as…
Fracking could open the door to 10 years of gas supply but is there a risk?
The SA government says it believes a decade's worth of state gas supply sits below the Limestone Coast as it tries to remove a ban on fracking in the region. A gas market analyst isn't sure companies will be willing to take on the financial risk of…
Don't buy Chevron gas this Memorial Day weekend, Newsom's office says
California Gov. Gavin Newsom is in a spat with a major oil company over who is to blame for the state's high gas prices, with the Democratic governor's office urging drivers not to fill up at Chevron stations over Memorial Day weekend. “Pro…
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