Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gujarat cuts industrial gas use by 50%
The Gujarat government has imposed a 50 per cent cut on industrial uses of gas amid concerns over the Middle East conflict, a state minister said on Tuesday, while assuring that domestic LPG distribution remains uninterrupted. The state and the…
Soaring Gas Prices Are Latest Blow for Auto Industry in Constant Whiplash
When Zach Carabajal saw gas prices skyrocketing, the car salesman sprang into action. Accustomed to selling sporty Mazdas in the middle of Texas truck country, Carabajal saw an opportunity to capitalize. He pulled together an online video…
Texas oil and gas industry leaders weigh in on impacts of Iran conflict
(The Center Square) – After oil futures hit $119 a barrel Sunday night before dropping to $100 on Monday morning in response to a likely prolonged conflict with Iran, the stock market sank. As gas prices and other associated costs keep…
Gujarat Reduces Industrial Gas Usage by 50% Amid West Asia Conflict
Measures were being taken in line with periodic guidelines issued by the central government to prevent panic and ensure the steady availability of LPG for households, he said. 'The state government is constantly working to make sure that no…
India Low On Gas, Yet Markets Recover
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
Indian firms hit by disrupted gas supplies because of US-Israel war on Iran
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and…
Most Americans expect even higher gas prices: Survey
Americans are bracing for expected economic impacts of the Trump administration's military operations in the Middle East, with a majority in a new poll expressing pessimistic views about the future of gas prices. In the Reuters/Ipsos survey…
Map shows where gas prices rising fastest
Gas prices have jumped more than 18 percent since the U.S. and Israel launched joint strikes on Iran on February 28, starting an ongoing conflict in the Middle East which has no clear end in sight. As of Tuesday, March 10, the average price for a…
We may not be running out of gas but we still need a serious strategic gas reserve | Nils Pratley
Alarmed that Great Britain has only enough gas in storage to cover two days of consumption ? Actually, Michael Shanks, the energy minister, is right that the bald statistic is not a reason to run for the hills. But he would help his case if he…
European Gas Drops Amid Trump's Efforts to Calm Energy Markets
European natural gas dropped after US President Donald Trump predicted the Iran war will end soon, as he faces mounting pressure over how the conflict has upended energy markets. Benchmark futures fell as much as 16%, following oil, after extreme…
Gas Prices Spike 14% as Iran Conflict Shakes Global Energy Markets
Gas prices across the United States have surged, jumping 14% in just one week, as the ongoing conflict involving Iran sends shockwaves through global energy markets. Lawmakers are now debating the economic impact as concerns grow about rising costs…
European Gas Falls as Oil Retreat Drags Broader Energy Market
0806 GMT – European natural-gas prices plunge as fears of prolonged disruptions in the Middle East ease after President Trump said the war in Iran will end “very soon.” In early trading, the front-month Dutch TTF contract drops…
Gas prices near 2,600 won in Seoul as drivers cut back
March 9 (Asia Today) -- Gasoline prices at some stations in Seoul have climbed close to 2,600 won ($1.95) per liter, prompting drivers to reconsider driving and leaving both motorists and gas station owners frustrated. At a gas station near…
Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war
The average price per gallon of unleaded gas in the U.S. climbed to about $3.54 per gallon, the highest price since 2024. Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war. Drivers are seeing the highest gas prices…
Gas, oil prices worry GOP as Trump floats taking over Strait of Hormuz
Republicans on Capitol Hill are growing worried about President Trump's bet that Americans are willing to swallow higher gas prices due to the conflict with Iran, especially ahead of the November elections. The president, only weeks ago in his…
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