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 Start Week Lower
0849 ET – U.S. natural gas futures are lower at the start of the week. Warmer-than-normal weather extending well into September maintains some price support, with significant near-term heat driving cooling demand. But “with normal…
Russia Doubles Its LNG Dark Fleet in Race to Boost Gas Exports
Russia has almost doubled the fleet of tankers ferrying liquefied natural gas from its US-sanctioned Arctic project in less than a year, as the country pushes to boost lucrative exports of the super-chilled fuel in spite of Western restrictions.
European Natural Gas Extends Climb on Supply Tightness, Elevated Demand
0942 GMT – European natural gas prices rise as U.S.-Iran escalations spur supply fears, while demand remains elevated. The benchmark Dutch TTF contract jumps 2.4% to 71.52 euros a megawatt-hour in late morning European trade. While limited…
High Gas Prices Now Might Hurt Republicans in November
Most people are keenly aware of gasoline prices. We see them go up and down every day in our daily travels. Prices for gasoline and diesel fuel are emblazoned on the landscape in huge, illuminated signs at every gasoline station, every convenience…
US Natural Gas Ticks Up on Hotter Forecasts, Cooling Demand
US natural gas futures were up slightly as near-term forecasts showed hotter weather in the coming weeks, indicating increased cooling demand for the power-plant fuel as consumers crank up air-conditioning. Gas demand for liquefied natural gas…
A Production, Gas-Powered Acura Nexera? U.S. CEO Wants It To Happen
Acura said its stunning Nexera coupe concept was purely that—a concept, and there was no production intended whatsoever. Showing off something so extreme at Monterey Car Week is a bold move, and the two-seat, scissor-door design study was…
Will Trump's Venezuela oil deal lower U.S. gas prices? Here's what experts say.
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves 'will substantially lower Gas Prices for all Americans, long into the future.' With the average U.S. gas price still above $4 a gallon nationwide, American consumers…
Natural gas prices to consumers, industry to remain unchanged - Focus Taiwan
Taipei, Aug. 31 (CNA) State-owned oil supplier CPC Corp., Taiwan, will keep natural gas prices for domestic and industrial users unchanged in September but will increase them by 5.83 percent for companies that generate electricity, it said Monday.
Gas station chain praised by Trump sold 'stolen' fuel, lawsuit claims
A gas station chain praised by Donald Trump for its below-market-rate prices allegedly sold fuel its supplier didn't pay for, according to a new lawsuit. Trump's war with Iran caused gas prices to spike earlier this year when Tehran responded to…
Fracked gas from Beetaloo Basin will flow to NT power grid from today
The tap that will feed gas fracked from the Beetaloo Basin into the Northern Territory's power grid is being turned on today. The CLP government says the development is forecast to generate billions in economic value and create thousands of jobs.
Michigan gas prices inch up 1 cent from last week, AAA says
Michigan's gas prices are about the same as they were a week ago, with AAA reporting a 1-cent increase in the average price per gallon. AAA issues weekly trend reports on Mondays and provides a database that tracks day-to-day changes. Michigan…
SpaceX Logs NASA Launch Success, Jumps Into Gas Turbine Business
Elon Musk over the weekend confirmed SpaceX will begin in-house production for natural gas turbine parts, an effort to alleviate supply chain bottlenecks as Big Tech companies accelerate their AI buildouts. SpaceX on Sunday launched the deep-space…
Beetaloo gas start-up sparks fire over 'absurd' NT data centres plan
The landmark start of gas production from the vast Beetaloo Basin in the Northern Territory has inflamed debate about the cost of the fuel and whether it can ever be economic enough to support the region's ambitious data centre aspirations.
Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
President Donald Trump promised that his massive oil deal with Venezuela would 'substantially lower gas prices for all Americans, long into the future.' But Venezuela's oil infrastructure is in a state of disrepair after years of mismanagement by…
Venezuela Oil Deal Won't Lower Gas Prices Anytime Soon
Despite President Donald Trump's announcement on Friday of an oil deal with Venezuela, oil prices rose on Monday. That's because 65 billion barrels of potential future oil do not move markets the way a shooting war does over a strategic waterway…
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