Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Wright: Texas oil and gas industry has solution to help with water crisis
(The Center Square) – The Texas oil and natural gas industry has a solution to help with Texas' water crisis, Texas Railroad Commission Chairman Jim Wright says. During his tenure, the Railroad Commission issued a framework for a pilot…
Kemp's gas tax suspension helped, but prices rose anyway
Will Georgia's gas tax suspension help pump prices go down? “Overall, Georgia is among the lower average cost states, and I think it's safe to say the gas tax suspension is reflected in that,” she said. De Haan doubts many…
Costco plans major change for gas stations: 'This is big'
Costco is preparing to expand its fuel business with a new standalone gas station concept, a move that is exciting fans online as drivers grapple with rising prices and long wait times at existing locations. The retailer, known for its member-only…
Ireland Out of Gas
Things have been dicey for a while on the Emerald Isle. But great googly moogly, do they look just awful right now. Mass protests have broken out across the country over the cost of living and the exorbitant price of fuel, with a paralyzed…
Karish gas field resumes production
Following the ceasefire between the US, Israel and Iran, the Karish offshore gas rig is also back in operation, despite its location close to Lebanon and the absence of a truce between Israel and Hezbollah. The Karish platform has been idle for 40…
Blair think tank urges Miliband to back new oil and gas fields
Tony Blair's think tank has branded Labour 'too ideological' and called for Ed Miliband to back new oil and gas fields. Ministers should have taken steps to protect the country from the volatility of energy prices caused by the Iran war, it says in…
Bottles, Flasks Grow Scarce in India as Gas Crunch Hits Glassmakers
At Bengaluru-based Mossant Craft Kombucha, co-founder Shishir Sathyan has been scrambling to source glass flasks for their premium fermented drinks over the past month. “There's nothing out there for us to buy right now,” he said, as…
Indiana becomes latest state to cut gas tax during Iran war
Indiana has become the latest state to suspend its 7% gasoline tax as Gov. Mike Braun (R-IN) seeks relief for Hoosiers facing rising fuel prices tied to the conflict in Iran. Braun's move mirrors a similar effort down south, as the Georgia Gov.
Mexico's Sheinbaum defends energy shift to cut reliance on U.S. gas
April 9 (UPI) -- Mexican President Claudia Sheinbaum signaled a major shift in the country's energy policy aimed at reducing its dependence on natural gas imports from the United States, including a possible reopening of hydraulic fracturing under…
Volkswagen drops all-electric ID.4 in the US in pivot back to gas SUVs
Volkswagen will no longer produce the all-electric ID.4 at its U.S. factory in Chattanooga, Tennessee, as the German automaker shifts its resources into high-volume vehicles like its upcoming gas-powered Atlas SUV. The company said Thursday that…
Albanese's gas push jars with threat of windfall profits tax
Prime Minister Anthony Albanese has flagged an expansion in gas production but stopped short of ruling out higher taxes on exports in the May budget, as Singapore warned it would look elsewhere if Australian energy became too expensive. Albanese…
Egypt Commits to Buying Entire Gas Supply From Cyprus' Aphrodite
Egypt agreed to buy all the gas that will be produced from the Aphrodite deposit in Cyprus, as the North African country looks to ensure long-term supply and reduce reliance on Israel. The nation, increasingly dependent on imports amid a decline in…
Just greed': Trump-backed lawmaker blasts Big Oil over soaring gas prices
Representative Tim Burchett, a Tennessee Republican endorsed by President Donald Trump, accused oil companies and Washington lawmakers of driving up gas prices through “just greed” in a video posted on X late Tuesday, as Americans…
Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war
Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs…
Why oil prices are falling faster than gas prices after the Iran ceasefire
Gas prices have not fluctuated comparatively, with the national average for a tank of regular gas staying pegged at about $4.16 per gallon since the ceasefire news. Oil prices are reacting much more quickly to the news of the ceasefire than gas…
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