Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
California Democrats created their state's gas crisis
California's oil and gas issues are self-inflicted, and the crisis will only get worse as California Democrats continue to blame everyone but themselves for this problem. The vice chairman of the California Energy Commission told state legislators…
Australia to Make LNG Projects Supply 20% of Gas to Local Market
Australia will require liquefied natural gas exporters to set aside a fifth of new production for the domestic market, as the government moves to curb prices and avert shortages on the populous east coast. The new system will apply to prospective…
Gas tax: How beer fuelled a debate on Australia's energy giants
Back in February, an otherwise dry senate hearing took an unexpected turn when a flustered treasury official confirmed a little known fact: Australia gets more tax from beer than gas exports. 'How do we live in a country, one of the biggest gas…
Gas bills 'no longer hostage' to international market under new laws to drop price
An east coast gas reserve will force gas giants to save 20 per cent of their export volumes for the Australian market. The new policy is expected to reduce domestic gas prices, but Energy Minister Chris Bown won't say by how much. The new scheme…
Gas companies will be forced to set aside local supply under major Labor shakeup
Gas companies will be forced to set aside 20% of exports for domestic use under a reservation scheme designed to shore up supplies and bring down prices for households and businesses on the east coast. The federal government announced the design of…
Australia Approves Offshore Gas Project to Bolster Local Supply
Australia has approved a natural gas project off the coast of Victoria state, as the major exporter of the fuel looks to offset anticipated domestic shortfalls in the more populated southeast. The federal and Victorian governments granted a…
U.S. Natural Gas Futures Lower in Early Trading
0921 ET – U.S. natural gas futures are lower as oil prices fall on a report the U.S. and Iran are close to a deal to end the conflict in the Middle East. “This market appears to be seeing spillover from the huge decline in oil pricing…
Gas prices are spiking. So why aren't U.S. oil companies drilling more?
The closure of the Strait of Hormuz has trapped one fifth of the world's oil supply in the Persian Gulf, a crisis that the World Bank Group predicts will spike energy prices by 24 percent in 2026—the biggest increase since Russia invaded…
Trump is slightly over optimistic on gas prices
Addressing business leaders this week, President Donald Trump argued that the economy was “roaring.” He added that gasoline prices, which are at four-year highs, will be “going down very substantially.” The average cost…
New gas field in waters near Twelve Apostles given green light
The Victorian and federal governments have approved plans for a company to drill for offshore gas in waters near the Twelve Apostles. Amplitude Energy says the site, 9 kilometres from the shores of Port Campbell, will provide about 4 per cent of…
Pennsylvania lawmakers consider suspending gas tax as prices keep climbing
Gas prices continue to rise, impacting just about everyone's budget. Pennsylvania state lawmakers on both sides of the aisle are talking about suspending the gas tax for some relief. According to experts, a gas tax holiday could give some…
Daily on Energy: Iran talks, Europe natural gas trouble, and Palisades Fire
Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Greens only party telling truth on need to stop oil and gas drilling - Mackay
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Scottish Greens are the only party…
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