Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
European Natural Gas Edges Higher as Traders Monitor Hormuz Risk
European natural gas prices inched higher after an attack on a cargo ship in the Strait of Hormuz renewed fears about safe passage through the critical waterway. Benchmark futures rose as much as 1.6% after falling the previous two sessions. Prices…
2 in 3 facing financial hardship from gas prices: Gallup
Two in three Americans are facing financial hardship due to increased gas prices, according to a new poll gauging the Iran war's impact on the U.S. economy. In the Gallup poll, 67 percent of respondents said “recent price increases in…
Trump Orders Justice Department to Investigate Gas Prices - TT
A driver refuels a vehicle with gasoline in Florida. (Zak Bennett/Bloomberg) Trump said he ordered the Justice Department to examine gasoline prices, accusing major oil companies of not lowering pump prices fast enough. National gasoline prices…
Trump says gas prices should be $2.25, last seen in 2021
President Donald Trump has bashed big oil companies for stubbornly high gas prices in the U.S. in the wake of his deal with Iran, saying that by now gas should cost about $2.25 a gallon nationwide—a level unseen since January 2, 2021. 'The…
Key Fed inflation gauge rises to three-year high in May after gas prices peaked
The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for Donald Trump and his political party as midterm elections near. Consumer prices rose…
U.S. Natural Gas Gains Ahead of Storage Data
0937 ET – U.S. natural gas futures are higher as weather models overnight add a little more heat to the near-term outlook, lifting expected cooling demand. The immediate focus is on the EIA's weekly inventory report due at 10:30 a.m. ET…
Forbes Magazine Flips the Script: Cheaper Gas! Wait - This Is Actually BAD for Inflation??
Like a moth to a flame, the anti-Trump fanatics over at Forbes fried their brains trying to make the trend of falling gas prices seem like a bad thing for President Donald Trump, as if higher prices were somehow better. Forbes “breaking news…
Gas at $9 a Gallon Sends Chinese EV Sales Soaring in Uruguay
The highest gasoline prices in Latin America are catapulting sales of mainly Chinese electric vehicles in Uruguay ahead of gas-powered cars for the first time, amid higher energy costs and looming changes to tax incentives. In a nation known for…
Two 'super-puff' cotton candy exoplanets are the lightest gas giants ever discovered
What is rarer than discovering a 'super-puff' planet with densities much (much) lower than those of the solar system gas giants? Discovering two orbiting the same star. That is exactly what astronomers have done, finding two extrasolar planets, or…
US threatens EU with loss of American gas supplies
The US has warned the EU that American liquefied natural gas (LNG) could be diverted elsewhere unless Brussels eases planned methane emissions regulations. The move signals a growing willingness by Washington to leverage its dominant position in…
Commercial Cooking Gas Supplies Restored As Middle East Tensions Ease
Refineries were ordered to produce more LPG by diverting streams. Summary is AI-generated, newsroom-reviewed A 24-year-old woman was found dead in her rented accommodation in west Delhi's Khyala area She was a resident of Raghubir Nagar and married…
Gas prices in Massachusetts dip below $4 a gallon for first time in 2 months
Gas prices dipped below $4 a gallon in Massachusetts Thursday for the first time in exactly two months. According to AAA, the average price for a gallon of regular gas in Massachusetts is now $3.99, down from $4.02 on Wednesday. That's the first…
Gas station owners have found a use case for AI, lawsuit says: colluding to fix prices
AI-powered software has allowed gas station operators across California to illegally collude and drive up prices at the pump, according to a federal lawsuit. The proposed class action lawsuit, filed Monday, accuses gas station giants including…
Trump Singles Out Exxon, Chevron, Shell, And BP Over High Gas Prices
President Donald Trump has listed Exxon, Chevron, Shell, and BP as being among companies responsible for excessively high fuel prices, following the announcement of a federal government probe into price-gouging earlier in the week. “Oil…
Massive Gas Tanker Fire Near Prayagraj Bypass Expressway Toll Plaza; Multiple Casualties Feared In Kaushambi
Massive Gas Tanker Fire Near Toll Plaza In UP; Multiple Casualties Feared | Image: Republic A massive fire erupted after a gas tanker caught fire at the Kokhraj-Handia Bypass Toll Plaza in Uttar Pradesh's Kaushambi district on Friday. The tanker…
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