Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gas prices are creeping close to $4 after oil's latest surge
Oil prices jumped on Monday after the latest escalation in the US-Iran conflict deepened the breakdown of a fragile ceasefire, reviving fears of disruptions to Middle East oil supplies. The US resumed strikes against Iran earlier this month after…
Map shows gas price in each state as average passes $4
Nationwide average gas prices have again climbed above $4 per gallon, amid a sharp resurgence in hostilities between the U.S. and Iran, and despite the administration's commitment to easing energy costs at home. Officials are now weighing measures…
Bonds unsettled as oil and gas climb, earnings loom for AI
SYDNEY/LONDON, July 20 (Reuters) - The escalating conflict in the Gulf lifted oil and gas prices on Monday, fanning fears of inflation, sending bonds lower and leaving stocks on edge as a packed week of major tech earnings is set to further…
Gas Prices Top $4 a Gallon Again
The average price for a gallon of gasoline in the U.S. today, up from an average of $3.8720 a week ago, according to AAA. The uptick follows a recent surge in oil prices, driven by escalating military conflict between the U.S. and Iran. Brent crude…
Labor backbench, unions to maintain pressure for gas tax
Former cabinet minister Ed Husic says he intends to generate momentum for a new tax on gas, following the imminent inclusion of a new clause in the ALP platform giving the party the green light to pursue such a policy should it wish. On Thursday…
Gas prices hit $4 again after oil soars more than 15% in a week
The national average price for regular gasoline hit $4 per gallon again Monday as the renewed conflict with Iran and Ukraine-Russia attacks rattle energy markets. It's the first time that the national average has been at $4 or higher since June 17.
Venture Global (VG) Soars as Geopolitical Tensions Fuel Natural Gas Rally
Venture Global climbed by 12.7 percent week-on-week, as investors rotated their portfolios into energy stocks amid the surging prices of oil and gas driven by escalating geopolitical tensions. As of Friday, Bloomberg data showed that August Henry…
The flywheel effect: Beetaloo gas fuels NT plans for economic boom
More than 500 kilometres south-east of Darwin, in the middle of a vast area of scrub where a few tough Brahman-cross cattle are the only obstacles on the dusty red dirt road, a revolution is quietly taking place. Some 12 years after the huge scale…
Government moves to block Woodside meeting details over gas project
The federal government has made a late bid to prevent details of ministerial meetings with energy giant Woodside from being disclosed ahead of a high-stakes court battle over the future of one of Australia's biggest gas projects. Woodside and the…
Gas again tops $4 per gallon as Iran fighting persists
Drivers can expect pump shock déjà vu as the national average gas price again climbed over $4 per gallon today, as President Trump appears poised to escalate the war in Iran. The big picture: Tanker traffic is once again being choked…
Burnham to become seventh PM in a decade taking new North Sea oil and gas stance
The anticipated development has been welcomed by US President Donald Trump - who said people are 'dancing in the streets in Aberdeen ' - though environmental groups and the Scottish Greens called for Mr Burnham not to push ahead with the move.
The Kleptocrat Nesting Dolls Behind Trump's Potemkin Gas Stations
Five years ago, a manager for a Virginia gasoline distributor opened an invoice for more than 200,000 phantom gallons of gas they had no record of selling. Truckers on contract with a chain of gas stations that had recently terminated its contract…
Gas prices are rising again - and so is GOP grief in the midterms
Just when Republicans thought they'd caught a break on gas prices, the collapse of President Trump's Iran deal is derailing their best chance to change the inflation story before the midterms. Why it matters: Falling gas prices are one of the most…
Hormuz crisis impact: India's crude imports surge 60% in April-June; net oil, gas imports up 45%
5 min read New Delhi Make us preferred source on Google India's crude oil import bill surged by over 60% on a year-on-year (y-o-y) basis in the first quarter of the current financial year even as import volumes dipped slightly amid supply tightness…
Indian police fire tear gas, baton charge exam protesters
The protesters, mostly young students, ran for cover as police charged at them and fired tear gas shells near Jantar Mantar in the Indian capital. They are seeking the resignation of Education Minister Dharmendra Pradhan over exam irregularities…
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