Gas Industry News

A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

mirror.co.uk - Rachel Wearmouth - Tories vote down gas giants windfall tax that could hand your family £600
Tories vote down gas giants windfall tax that could hand your family £600
mirror

Tory MPs have voted down a bid to impose a windfall tax on oil and gas giants that could save families £600. Despite Brits facing a cost of living crisis, Conservatives rejected a Labour amendment to the Queen's Speech backing a one-off levy…

ft.com - James Fernyhough - Russia to permanently 'decouple' with west on energy, gas producers say
Russia to permanently 'decouple' with west on energy, gas producers say
Financial Times

Chevron and Woodside executives predict Moscow's exclusion will benefit US and Australian producers Receive free Oil & Gas industry updates We'll send you a myFT Daily Digest email rounding up the latest Oil & Gas industry news every morning.

thebulletin.org - This gas would have stayed in the ground if it wasn't for bitcoin
This gas would have stayed in the ground if it wasn't for bitcoin
Bulletin of the Atomic Scientists

In Pennsylvania, Big Dog Energy LLC has installed 30 gas-fired generators at one of its gas well pads in Beccaria Township, using the electricity they produce in an ingenious, profitable, and possibly environmentally-damaging pursuit—mining…

nytimes.com - Mujib Mashal - With Gas Pumps All but Dry, Sri Lanka Faces Its 'Most Difficult Time'
With Gas Pumps All but Dry, Sri Lanka Faces Its 'Most Difficult Time'
The New York Times

COLOMBO, Sri Lanka — When he was turned away from a gas station in Sri Lanka's capital on Monday after waiting in line for six hours, Ravi Chandra, a tour manager, decided to return before dawn the next day to see if his luck would improve.

foxbusiness.com - Tyler O'Neil - Gas prices reach new record high
Gas prices reach new record high
Fox Business

Average gas prices in the U.S. reached a new record high Tuesday, according to AAA's gas price calculator. The national average cost of a regular gallon of gasoline hit $4.523 early Tuesday morning. This topped Monday's record of $4.483, which in…

bloomberg.com - Verity Ratcliffe - European Gas Futures Slide as Russia Payment Standoff Recedes
European Gas Futures Slide as Russia Payment Standoff Recedes
Bloomberg

Benchmark natural gas prices extended their decline, after the European Union said companies can keep importing Russian supplies without breaching sanctions. The European Commission last week sent its revised guidelines to member states, noting…

ft.com - Andy Bounds - EU prepares to sell more carbon permits to pay for exit from Russian gas
EU prepares to sell more carbon permits to pay for exit from Russian gas
Financial Times

Plan risks pushing up emissions by making it easier to use other fossil fuels We'll send you a myFT Daily Digest email rounding up the latest EU energy news every morning. Brussels wants to raise €20bn to fund the EU's exit from Russian…

reuters.com - John Kemp - Column: Europe fills gas storage at record rate as Asia's buyers step aside
Column: Europe fills gas storage at record rate as Asia's buyers step aside
Reuters

LONDON, May 17 (Reuters) - Europe's gas inventories are rebuilding after winter at the fastest rate on record as the region's buyers outbid competitors from Asia to acquire as much gas as possible at any price. Stocks in the European Union and…

businessinsider.com - Grace Dean - Inflation, gas prices forced NC logging company to shut down
Inflation, gas prices forced NC logging company to shut down
Business Insider

A logging business in North Carolina is shutting down over accelerating inflation and soaring gas prices. 'I haven't talked to a logger in the last few years that is actually making money,' its owner said. Gasoline prices have risen by nearly 50%…

cnn.com - By Matt Egan and Chris Isidore, CNN Business  - California's $6 gas could spread nationwide, JPMorgan warns
California's $6 gas could spread nationwide, JPMorgan warns
CNN

New York(CNN Business) The average price for gasoline in California hit $6 a gallon Tuesday for the first time -- and analysts at JPMorgan are warning that price could be the national average before the end of the summer. The startling forecast…

usatoday.com - Jordan Mendoza - The average gas price is above $4 in every state. How long will they continue to rise?
The average gas price is above $4 in every state. How long will they continue to rise?
USA TODAY

The average price of gas in the U.S. is $4.52 as the all-time record continues to be broken. The average price of gas is at least $4 in every state, with Kansas having the cheapest gas. Experts predict gas prices will continue to climb throughout…

cbc.ca - Kyle Bakx - If you thought gas prices were high, have you checked out diesel?
If you thought gas prices were high, have you checked out diesel?
CBC

Share on Facebook Share on Twitter Share by Email There is little relief from pain at the pumps these days, especially as the price of diesel has nearly doubled in the last year. Diesel is now averaging $2.29 per litre across Canada, and is even…

thehill.com - Mark Brownstein, opinion contributor - Biden can make good on EU gas supply and climate pledges by ending methane leaks
Biden can make good on EU gas supply and climate pledges by ending methane leaks
The Hill

Russia opened a new front in its energy war with Europe last week, as Russian state gas company Gazprom moved to completely shut off gas supplies to Poland and Bulgaria and threatened to do the same to others. This heightens the urgency of the…

thehindu.com - Special Correspondent - War pushes up noble gas prices for semiconductor industry
War pushes up noble gas prices for semiconductor industry
The Hindu

Chief Business Officer of Micron Technology Sumit Sadana (left) and Micron India Managing Director Anand Ramamoorthy at a media interaction in Hyderabad on Tuesday. | Photo Credit: N. Ravi Kumar Special Correspondent HYDERABAD May 17, 2022 23:30…

rollcall.com - Biden's 'MAGA Republicans' is a meh-ga slogan
Biden's 'MAGA Republicans' is a meh-ga slogan
Roll Call

It is a Washington ritual so old that it probably dates back to the era when senators lived in boarding houses and any stray citizen could wander into the White House. As soon as a president unveils a new political slogan, White House aides eagerly…

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