Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Texas regulators assess $1.1 million in oil and gas penalties
(World Oil) – The Railroad Commission of Texas (RRC) assessed more than $1.1 million in enforcement penalties against operators and businesses during its latest open meeting, continuing the agency's oversight of the state's oil and gas…
Miliband urged to visit Aberdeen amid oil and gas 'extinction' accusation
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. Energy Secretary Ed Miliband has been urged…
Gas-X Recalled Over Possible Contamination With Machine Coolant
Gas-X extra strength softgels are being recalled due to potential contamination from coolant that leaked from a machine during packaging, according to an FDA announcement. Four lots of Gas-X 125 mg in packages of 120 and 72 have been voluntarily…
The gas pump 'screw method' scam is the scam
The latest gas-station scam warning has a screw loose, which is fitting because the whole thing appears to be fake. The scam involves fraudsters sticking a screw in the nozzle cradle of the gas pump so that the level never fully returns to the off…
Natural U.S. Gas Futures Decline on Weather Outlook
0921 ET – U.S. natural gas futures lose ground on lower temperature forecasts for the second half of June and higher production. The July contract “ran into a bearish weekend trifecta of milder weather forecasts, weak LNG and rising…
British Gas engineer shares quick fix for common dishwasher issue
British Gas has shared advice for homeowners who use a dishwasher, explaining what to do if they often find bits of food left behind after a wash. According to an engineer, there could be a simple explanation for the issue, and what can be done…
Supreme Court Vacates Decision Outlawing Gas Stoves, Water Heaters
On Monday, the Supreme Court vacated a lower court ruling that upheld Biden Energy Department regulations that would outlaw gas stoves and water heaters in Americans' homes and require homeowners with these to either renovate their homes or switch…
Eni and Petronas Launch Southeast Asia Gas Venture Searah
Eni and Malaysia's state-owned energy company Petronas have officially launched Searah, a new jointly owned upstream company that combines their oil and gas operations across Indonesia and Malaysia, creating one of the largest independent energy…
Gas prices: Drop 16 cents per gallon in one week to $4.16
The national average price for regular gas continued its downward trend on Monday, the start of the work week, falling to $4.164 per gallon, according to AAA. It marks the third consecutive week that fuel costs have decreased. Gas prices have…
The Case For Trading Natural Gas With The BOIL And KOLD ETFs (NYSEARCA:BOIL)
I rate ProShares Ultra Bloomberg Natural Gas ETF and its bearish counterpart KOLD a Buy as tactical trading tools amid heightened volatility. U.S. natural gas prices pivot around $3/MMBtu, with volatility driven by global LNG demand and…
Standard Bank Sees Exxon Mozambique Gas Project Boosting Growth
Mozambique could grow its economy by as much as $11 billion a year, create tens of thousands of jobs and generate about $4 billion in annual fiscal revenue by developing its natural-gas deposits, Standard Bank Group Ltd. said. Exxon Mobil Corp. 's…
Supreme Court Tosses Biden-Era 'Energy Efficiency' Standards For Gas Appliances
The U.S. Supreme Court vacated and remanded a standing lower court ruling Monday regarding energy efficiency regulations on gas furnaces and water heaters from former President Joe Biden's administration. The Supreme Court remanded American Gas…
Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells - TT
Pump jacks near Crane, Texas. (Justin Hamel/Bloomberg) Some Permian Basin drillers have shut in gas-heavy wells as negative prices at the Waha Hub persist despite a surge in oil prices. Prices remain depressed due to pipeline constraints and…
Phillips 66 (PSX) Advances Zeus Gas Plant and Third Coastal Bend Fractionator to Expand Integrated Midstream Capacity
Phillips 66 (NYSE: PSX) is one of the most undervalued stocks to buy and hold for 2 years. On May 18, Phillips 66 is advancing its integrated wellhead-to-market strategy by moving forward with the Zeus Gas Plant in the Permian Basin and a third…
What's the federal gas tax and how much does it cost drivers?
Filling up your tank is pricey, and the total cost is more than just the price of gas alone. Every time you fill up, a federal gas tax and a state tax gets tacked on to each gallon of gas you put into your car. With the price of gas skyrocketing of…
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