Gas Industry News

Texas oil and gas industry paid $27 billion in taxes in 2025

(The Center Square) – The Texas oil and natural gas industry paid $27 billion in state and local taxes and state royalties in fiscal 2025. It was the second highest total the industry paid in recorded state history. The industry data was…

Britain increases reliance on gas in blow to Miliband

Britain's reliance on fossil fuels has increased for the first time in four years, dealing a major blow to Ed Miliband's hopes of decarbonising the grid by 2030. Gas-fired power plants generated 26.8pc of power in 2025, a rise of 1.1pc from the…

Gas prices predicted to hit five-year low in 2026

Average nationwide gas prices are expected to fall below $3 per gallon this year, according to GasBuddy's predictions —hitting the lowest level since 2020, when the pandemic kept millions of Americans at home and off the road. Rising…

Daily on Energy: Milestone for natural gas-to-nuclear project, US to sell Venezuelan oil 'indefinitely,' and NEPA rolled back

Plus, the Trump administration finalized its plans to roll back decades worth of regulations on implementing the National Environmental Policy Act. Remember hearing about those plans last spring 🤔? Keep reading to find out more. Welcome to…

Andhra gas well blaze to be doused in a week: Official

The gas well blaze near the Irusumanda village in Dr B R Ambedkar Konaseema district in Andhra Pradesh will be doused in a week's time, an official said on Tuesday, citing information from ONGC officials. A massive jet fire of up to 20 metres…

Q3FY26 Preview: Oil & Gas Earnings to Stay Mixed Amid Lower Crude, Stable Gas Prices

According to JM Financial's Q3FY26 Oil & Gas Preview, upstream oil companies are expected to see a sequential moderation in earnings due to lower crude oil realisations during the October–December quarter. Brent crude prices averaged around…

U.S. Natural Gas Picks Up on Colder Weather Outlook

Americans Enjoy Cheaper Gas, But Utility Bills' Climb Threatens the GOP

This article is for subscribers only. I'm Ben Holland, an economics editor in Washington. Today we're looking at the rising cost of US utility bills. Send us feedback and tips to. And if you aren't yet signed up to receive this newsletter, you can…

Boom: US Oil and Gas Association Levels the D.C. 'Lanyard Class' With Blistering Response on Venezuela

The D.C. chattering class has been all atwitter over the Trump administration's actions in Venezuela. They are, of course, all aghast about the dictator Nicolás Maduro being captured, despite the Biden administration having put out a $25…

Reimagining the gas station for the electric age: EV hub opens in Northampton

NORTHAMPTON — This isn't the first time Bruce Volz has channeled the future into Northampton. In 2017, the city business owner and developer sustainably built modernist housing units on Grove Street to “prove that modern architecture…

Goo Goo Dolls Go Ga-Ga Over Bills Playing 'Iris' As Last Song at Highmark Stadium: 'Incredible Honor'

The playoff-bound Buffalo Bills celebrated their very last game at Highmark Stadium in style on Sunday (Jan. 4) with a decisive 35-8 shellacking of 3-14 downstate doormats the New York Jets. The win was important not just because it punched the No.

Why GasBuddy says cheap gas could stick around in 2026

GasBuddy projects the 2026 U.S. average gas price will be $2.97 per gallon, the lowest since 2020 and 13 cents lower than last year. The company also forecasts prices could drop to $2.86 per gallon by year's end. If trends continue, 2026 would mark…

Doosan chair heads to US as Elon Musk confirms xAI's gas turbine purchase

Doosan Group Chairman Park Jeong-won's visit to the United States this week is drawing attention, as it comes after Tesla CEO Elon Musk confirmed the widespread rumor that xAI, an artificial intelligence (AI) startup he founded, is the U.S. tech…

At least 36 dead in Iran protests as security forces fire tear gas at demonstrators

At least 36 protesters have died during protests in Iran as security forces fired tear gas at demonstrators in Tehran's grand bazaar on Tuesday. Activists staging a sit-in at Tehran's main market clashed with security forces as nationwide protests…

3rd Person Dies After Nursing Home Explosion as Lawsuit Claims Officials Were 'Aware' of Gas Leak Threat Before Blast

A third person has died after a nursing home explosion in Pennsylvania The latest victim has been identified by the local coroner's office as 66-year-old resident Patricia Mero Four people who were injured in the Dec. 23 blast have filed a lawsuit…