Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chris Wright clarifies prediction that gas prices peaked as Iran war rages on
At the time, the national average price of gasoline was $4.02 a gallon. As of Friday, the national average has jumped to more than $4.52 a gallon. When asked if he still stood by that remark during a phone interview with the Washington Examiner on…
Soaring Gas Prices Making It Hard For Commuters To Get To Work
Skyrocketing fuel prices are inflicting pain at the pump as American commuters search for ways to afford gas—like pawning and selling personal belongings—just so they can get to work. Millions of Americans are starting their workday…
Iran may be hacking tank readers at US gas stations: Report
Hackers linked to Iran may be responsible for a number of breaches of computer systems monitoring fuel at gas stations across the U.S., officials were reported to have told CNN on Friday. The hackers had exploited unprotected automatic tank gauge…
Daily on Energy: Chris Wright talks gas prices - and more
QUOTE OF THE WEEK: Following the passage of a House bill for year-round E15, Republican Sen. John Barrasso of Wyoming expressed opposition to the measure, arguing it would harm small oil refineries. “I oppose a year-round E15 mandate. I…
Fabrication units in Tiruchi fail to achieve production target for 2025-26 because of shortage of industrial gas
Several ancillary units of Bharat Heavy Electricals Ltd (BHEL) in Tiruchi have failed to achieve the production targets of 2025-26 because of acute shortage of industrial gases, including LPG. There are about 500 fabrication units in and around…
U.S. Natural Gas Futures Head for Weekly Gains
0937 ET – U.S. natural gas futures are higher and on track to post weekly gains, supported in part by a warmer weather outlook and a close-to-normal storage report for last week. Nymex natural gas is up 2% at $2.953/mmBtu. “There…
British Gas agrees £20m payout and compensation for prepayment meter failures
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. British Gas has agreed to a £20 million payout and…
Toxic Gas Kills 3 Workers Cleaning Tank At Gujarat's Kalol Industrial Unit; 1 In Critical Condition
Kalol: At least 3 workers died after being overcome by toxic gas while cleaning an underground tank at a company in Kalol, the officials confirmed on Friday. The incident allegedly took place at Mafatlal Gujarat Industries Limited, located in the…
Modi Agrees With UAE to Build Strategic Crude, Gas Stockpiles
India will partner with the United Arab Emirates to expand its strategic crude and gas reserves, a key step for the world's third-largest oil consumer to guard against future supply disruptions. Abu Dhabi National Oil Co. will explore a multifold…
British Gas customers to receive up to £112m over prepayment meter scandal
Thousands of British Gas customers who had prepayment meters force-fitted in their homes will receive compensation and energy bill debt write-offs worth up to £112m after an investigation into the scandal. Great Britain's energy regulator…
British Gas agrees to compensation over prepayment meter scandal
British Gas has agreed to a £20 million payout and will compensate customers who had prepayment meters installed without their consent, regulator Ofgem has announced following an investigation. The watchdog concluded that British Gas failed…
Why the Price of Gas Is the Most Important Number in US Politics
In his 1987 book, Trump: The Art of the Deal, then-real estate mogul Donald Trump wrote that one of his 11 “Elements of the Deal” is to “know your market.” Rather than relying on number crunchers or third-party surveys…
Major gas supplier to hit households with Iran war surcharge
A MAJOR gas supplier is set to whack households with an Iran war surcharge in another blow for Brits' wallets. Calor, which provides gas bottles that customers use for heating and powering appliances, has introduced a fee to cover rising costs…
Trump sets century-worst disapproval rating on gas prices: Harry Enten
President Donald Trump has surpassed every president this century for the highest disapproval rating on gasoline prices, CNN Chief Data Analyst Harry Enten reported on Thursday. The polling comes as Americans are feeling the pain at the pump as oil…
Suspend the federal gas tax? Why Congress might not pass Trump's proposal
With average nationwide gasoline prices above $4.50 a gallon, politicians are revisiting a perennial idea to ease high pump prices: suspending the federal gasoline tax. President Donald Trump said he wants to suspend the tax, which is 18.4 cents…
Receive a Daily briefing on Gas Industry News
Get Started