Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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…
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…
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…
Stocks tumble as oil surges and gas prices spike
Stocks fell sharply Monday morning as oil prices surged above $100 a barrel after Middle Eastern producers began cutting output amid the escalating war with Iran. The Dow Jones dropped 634 points or 1.34 percent, while the S&P 500 and Nasdaq also…
Chances of gas prices hitting $5 by end of March
Gas prices are soaring as global oil markets reel from the new conflict in the Middle East, raising concerns that American motorists could be paying $5 at the pump by the end of the month. According to data from GasBuddy, the average price for…
Energy secretary on rising gas prices: 'This is not a months thing'
Energy Secretary Chris Wright on Sunday said the spike in gas prices will not stick, arguing rising prices resulting from the war in Iran will not last for months. “Look, you never know exactly the time frame of this, but, in the worst case…
Massachusetts gas prices keep spiking amid conflict with Iran
Getting your Trinity Audio player ready... Bay State pump prices are continuing to spike as the conflict with Iran intensifies — sparking global supply fears. The average Massachusetts gas price has surged 40 cents since last week, now…
Oil Surge Drives Market Selloff, European Gas Futures Jump, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Oil surges amid Iran conflict - how high will gas prices go?
The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It's unclear how long the disruption will last — and therefore how long the markets will be squeezed and how high prices…
Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gas
Getting your Trinity Audio player ready... By DAVID McHUGH, AP Business Writer FRANKFURT, Germany (AP) — The Iran war has put at risk some of the world's most critical oil and gas infrastructure — the pipelines, refineries, and…
California gas prices rise above $5 a gallon amid US war with Iran
The war in Iran has caused a spike in gas prices that is hitting California consumers especially hard, according to data from the American Automobile Association (AAA). AAA reports that in California, the most expensive US market for gas, the…
South Florida drivers flock to pumps as Iran war sends gas prices soaring
DAVIE — At $3.24 a gallon, the price for regular unleaded at Costco in Davie on Monday was enough to draw hundreds of drivers looking for relief at the pump. Gas prices across South Florida have surged in a week, fueled by uncertainty over…
West Asia conflict: Oil tops $100 a barrel, gas shortage fear grips restaurants, tiles industry
The government has also raised the minimum waiting period for booking a LPG cylinder to 25 days from 21 days to avoid hoarding and black marketing. Further, to review the representations for LPG supply to restaurants, hotels and other industries…
Trump's 'roaring economy' meets a rough start to 2026 with job losses, rising gas prices and uncertainty
WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America's future. In his State of the…
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