Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump's Approval Rating: 50% Of Republicans Blame Him For Rising Gas Prices
Trump's approval rating improved two points, to 36%, from the 34% record low it reached at the end of April in Reuters/Ipsos polling, while 63% said they disapprove of Trump's job performance (the poll of 1,254 U.S. adults was conducted May 8-11…
How Trump could bring down gas prices
President Donald Trump 's administration has said it is exploring every available option to rein in rising gas prices. On Sunday, Energy Secretary Chris Wright told NBC News' Meet the Press that the government was “ open to all ideas…
Darwin company's $50 million plan to make diesel from gas condensate
A Darwin-based chemical recycling business plans to produce diesel from a by-product of the Territory's gas industry. Saul Kavonic, head of energy research at MST Financial, is uncertain about the long-term feasibility of the project. The chief…
Trump Says He'll Suspend Federal Gas Tax: Why That Will Offer Little Relief
President Donald Trump on Monday said he planned to suspend the federal gas tax to provide some economic relief as fuel prices have soared since the start of the Iran war, CBS News reported, though the move would be a drop in the bucket for…
Daily on Energy: Gas tax suspension, OPEC, and EPA eyes permitting
Plus, we have a bit of surprising science news for you at the bottom of today's newsletter, as a new study found that a volcanic eruption actually helped lower methane emissions. 🌋💨 Welcome to Daily on Energy, written by Washington…
Trump says he'll suspend the federal tax on gas. What does that mean?
The federal tax is currently set at 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel fuel, an amount that does not include state taxes, which often are higher. The tax provides more than $23 billion per year in revenue for…
Natural Gas Services: Q1 Earnings Snapshot
SOUTHLAKE, Texas (AP) — SOUTHLAKE, Texas (AP) — Natural Gas Services Group Inc. (NGS) on Monday reported earnings of $6.8 million in its first quarter. The Southlake, Texas-based company said it had net income of 53 cents per share.
Gas prices: Slight decreases at the pumps to begin the week
The national average price for a gallon of regular gas slightly dropped on Monday to $4.52. While this is still significantly higher than a month ago, a week ago, and earlier this year, it is less expensive than over the weekend, such as on Sunday…
Can Trump lower gas prices?
What suspending the gas tax would mean for you, briefly explained. Cameron Peters is a staff editor at Vox. This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting…
US Unleashes Another Wave of Emergency Oil as Gas Prices Bite
The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US refiner Marathon Petroleum Corp, adding to a wave of oil released to help tame surging prices stemming from the Iran war.
What Trump's Gas Tax Plan Says About the War With Iran
I'm Nancy Cook, Bloomberg's senior national political correspondent, and each weekday I'll be coming to you with inside-the-room reporting and insights that reveal what's really happening in Washington — and how it impacts you. Email me with…
Trump: Iran Ceasefire on Life Support, Floats Gas Tax Holiday
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
High gas prices are hurting restaurant sales - but not all chains
Restaurant chains like Chipotle, Domino's Pizza and Applebee's reported that sales softened in March as gas prices climbed. Across the restaurant industry, traffic fell 2.3% in March compared with the year-ago period, according to Black Box…
Midwest is bearing the brunt of gas price hikes from Trump's Iran war
The Midwest is bearing the brunt of soaring gas prices in the United States amid President Donald Trump's war with Iran, with at least one state seeing pump prices surge by 72 percent. The national average for a gallon of regular gas was $4.52 on…
Trump wants to suspend gas tax amid high prices due to war with Iran
President Trump told CBS News' Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was 'a bad proposal...
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