Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
U.S. Natural Gas Futures Extend Gains
0844 ET – U.S. natural gas futures add to yesterday's weather-driven gains as a cold spell forecast for the weekend across the eastern U.S. lifts near-term demand expectations. “Nymex futures pricing may increase short term…
Five in hospital after Scunthorpe steelworks gas leak report
Five workers at Scunthorpe steelworks have been taken to hospital following reports of a gas leak. Firefighters were called to the site on Tuesday morning but when they arrived staff had stemmed the leak and they left shortly afterwards, Humberside…
Five in hospital after Scunthorpe steelworks gas leak report
Becki Bowden East Yorkshire and Lincolnshire Five workers at Scunthorpe steelworks have been taken to hospital following reports of a gas leak. Firefighters were called to the site on Tuesday morning but when they arrived staff had stemmed the leak…
Gas, oil prices fall on anticipation Iran war may be coming to an end
Nov. 10 (UPI) -- Gas prices at the pump fell below $4 per gallon Tuesday, their lowest level since July, on the back of a drop in global oil prices after President Donald Trump said further strikes on Iran were 'highly unlikely.' The drop in the…
US inflation rose 0.4% in October as price increases cooled and gas costs dipped
US inflation rose 0.4% from September to October, a cooldown in price increases as the cost of gas dipped during the month. The Bureau of Labor Statistics did not release the usual year-over-year inflation figure as part of the consumer price index…
Inflation posts slowest rise in three months as gas prices drop
Inflation in October rose 0.4% month-over-month, after energy prices eased throughout the month, bringing some relief to consumers who have been hammered by high prices for most of the year. But while the pace of inflation slowed down, it is not…
US Gas Dips Below $4, Gas & Diesel Crack Spreads Tumble Ahead Of Thanksgiving
Brent traded around $91 a barrel and WTI around $85 a barrel as traders continued to assess efforts to de-escalate the Iran war and restore Middle East energy flows. The good news is that US gasoline prices have dipped below the politically…
European Gas Prices Dip as Trump Downplays Iran War Escalation
European natural gas slipped as US President Donald Trump said further strikes on Iran wouldn't be necessary, raising hopes he's willing to wind down the conflict that's rattled global energy trade. Benchmark futures fell for a third session…
Average cost of gas drops to less than $4 per gallon for first time since July
The national average for the cost of gas dropped to less than $4 per gallon on Tuesday for the first time since July, as prices soared in the months following the start of the Iran war. According to AAA, the average price of gas hit $3.98 per…
Senate votes on bill to speed up projects from gas pipelines to clean energy
It's a bill that would make it easier to build big infrastructure projects in America – everything from fossil fuel pipelines to transmission lines that would add more clean energy to the grid. And it would roll back environmental and social…
Gas prices slip below $4 a gallon for first time since July
Gasoline prices in the U.S. are below $4 a gallon for the first time in nearly four months. According to AAA, the national average for a gallon of gasoline was $3.9788 on Tuesday, down from $4.56 a gallon earlier this year. After the price drop…
U.S. gas prices fall below $4 for the first time since July
The U.S. average price for regular gasoline fell to $3.9788 a gallon on Nov. 10, below $4 for the first time since July. The national average is down about 17 cents from a week ago and about 39 cents from a month ago, according to AAA. Lower crude…
Gilt Traders Get Some Relief From Falling Oil and Gas Prices
This article is for subscribers only. In today's Markets Daily UK: Falling Brent prices cut markets some slack, plus subdued retail data. Throughout the day, get the latest news and analysis on the Markets Today live blog. Oil has been king for…
Gas prices fall below $4 per gallon for the first time since July
The average nationwide price for regular gasoline on Tuesday fell below $4 per gallon for the first time since July 20, according to data from AAA. The drop comes as oil prices have plunged, with President Donald Trump repeatedly playing down the…
Elon Musk was half-right in his comment last week about SoftBank back-pedaling on a gas-turbine order
Elon Musk in a social-media post last week charged that SoftBank “defaulted” on a gas-turbine order. The truth, revealed Tuesday in the Japanese's company's second-quarter earnings, wasn't far off. SoftBank took a $3.7 billion…
Receive a Daily briefing on Gas Industry News
Get Started