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 Fall Ahead of Storage Data
0935 ET – U.S. natural gas futures are lower ahead of the EIA's weekly inventory report due at 10:30 a.m. ET. Analysts in a WSJ survey expect a 30 Bcf storage injection, slightly smaller than the 33 Bcf five-year average. That would trim the…
Why Europe Is Struggling to Build Its Gas Stocks Before Winter
Europe's reserves of natural gas for heating and power generation are back in focus. Four years ago, the region's governments and energy industry spent record sums to replenish severely depleted inventories as a supply squeeze caused by Russia's…
Michigan average gas prices jump 11 cents in one day, AAA says
Michigan gas prices continue a roller coaster ride on the pricing signs, with an 11-cent per gallon spike in just one day, according to AAA-The Auto Club Group. The average price for a gallon of regular unleaded gasoline on Thursday in Michigan was…
Daily on Energy: How much did Trump's third oil and gas lease sale for the Gulf of America generate?
The Trump administration held its third offshore lease sale for oil and gas drilling in the Gulf of America this morning, drawing weaker bidding and less than a third of the revenue generated from the first auction last year. The details: The sale…
Third Trump Gulf of America offshore oil and gas lease auction draws weak bidding
The sale had offered just over 15,000 unleased blocks in the western, central, and eastern areas of the Gulf, spanning roughly 80.4 million acres. The blocks ranged from 3 to 231 miles offshore, with depths reaching more than 11,115 feet. Sixteen…
European Gas Market Faces Supply Pressures But U.S. Cargoes Might Ease Some Concerns
1057 GMT – European gas markets are facing renewed supply pressures as geopolitical tensions and infrastructure disruptions push prices higher. The Netherlands-based TTF September contract trades just shy of 60 euros a megawatt-hour and is…
U.S. natural gas output was on track for a record in 2026 (USO:NYSEARCA)
U.S. marketed natural gas production was on track to reach a record in 2026, with output already running above last year's levels, according to the Energy Information Administration. Production in the first half of 2026 was 4% higher than in the…
Inflation cooled last month as gas prices fell, though costs remain elevated
Excluding the volatile food and energy categories, core inflation also slipped to 2.5% in July from a year ago, down from 2.6% in June. July's figure matches a post-pandemic low reached in January and February, before the Iran war. Core prices rose…
Midstream Companies Expand Natural Gas Pipelines As LNG And AI Demand Grows
Williams Companies announced a $5.5 billion acquisition of Momentum Midstream alongside its $1.5 billion Delta Access Expansion project. Enbridge and MPLX sanctioned the 2.6 Bcf/d Bay Runner Twin Pipeline to supply Permian gas to the Rio Grande LNG…
GasBuddy: Gas has never been this high, this late in any calendar year
Gas prices reached the highest-ever level for this time of year on Wednesday, according to fuel rate tracker GasBuddy. Patrick De Haan, the head of petroleum analysis at GasBuddy, announced in a social media post that the national average price of…
Gas prices hit all-time August high, tanking GOP's midterm chances
The average price per gallon of gas in the United States climbed back over $4 on Wednesday, according to data from GasBuddy, as the wars in Iran and Ukraine continue to wreak havoc on energy prices. That is the highest price gas has been at this…
IEA expects world oil demand to fall amid surging gas prices - National
Demand for crude oil worldwide is expected to fall as higher gas prices amid the Iran war force many consumers and businesses to reduce their consumption, according to the International Energy Agency (IEA). “Our forecast for global oil…
No More Gas-Why Electric Car Drivers Have No Intention of Switching Back
The Skoda Enyaq is gaining ground in the Swiss electric vehicle market. Only 1 percent of electric car owners still want to switch back to a purely internal combustion engine vehicle—last year, it was one in five. In Switzerland, too, the…
Union Gas posts record profit with Cnergy petrol stations
SINGAPORE – Union Gas Holdings' expansion of its petrol stations has helped lift its net profit for the first six months of 2026 to record levels. It is now planning to open two more stations in Singapore in 2027. Union Gas, which mainly…
The Rhine Is Running Dry-Now Gas Prices Are Skyrocketing Even Further
An inland waterway vessel is sailing on the Rhine near Millingen in the Netherlands amid historically low water levels. Cargo ships can barely transport fuel to Switzerland on the Rhine anymore. As a result, transportation costs have increased…
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