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…
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…
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…
Oil and gas prices will be lower but still elevated
The ceasefire does not immediately restore oil flows through the Strait of Hormuz. Shipping volumes remain constrained. Insurance costs will remain elevated. Under the most optimistic assumptions, it will take months for oil flows to reach pre-war…
Goldman warns of 'very painful' natural gas shock that could rival oil crisis
While the war in Iran has oil markets on edge, a natural gas crisis may be brewing, warned a top Goldman Sachs analyst. The concern centers on Qatar, which supplies about one-fifth of the world's global liquefied natural gas. Production at…
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…
Republicans risk losing 34 seats where gas prices are rising
Midterms are still over six months away, but Republicans have found themselves saddled with another issue that could become a liability when appealing to their constituents during the campaign season: Iran. Electoral forecasts have remained largely…
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…
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…
Small business owners in Maryland face challenges due to high gas prices
High gas prices are likely to stick around a bit longer as uncertainty in the Middle East drives prices to an average of $4.19 for a gallon of regular in Maryland. AAA reported that Marylanders are paying above the national average for fuel. Diesel…
GOP Bill Targets California-Style Gas Taxes With Federal Funding Penalty
Independent Rep. Kevin Kiley (CA-03) is moving to hit high-tax states where it hurts: their federal funding. Kiley has now introduced the “Gas Tax Reduction Act,” a bill that would cut federal highway funding to states that maintain…
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