Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Government split over gas tax amid industry threats
The Albanese government is divided over whether to levy an additional tax on gas, as the Business Council of Australia and the gas giants argue it would damage future investment and weaken the nation's sovereign capability. Resources Minister…
Donald Trump predicts when gas prices will go down
President Donald Trump has said gas prices will go down 'tremendously' once the war with Iran is over with millions of Americans grappling with the soaring cost of fuel caused by the conflict. According to AAA, the average gas price is $4.108 per…
Americans told to drive less as gas prices soar
A top energy executive said Americans should consider driving less amid a spike in gas prices following the onset of the U.S. and Israel's war with Iran and subsequent shutdown of the Strait of Hormuz, a critical oil chokepoint. “People…
Analysts Expect 51 Billion Cubic-Foot Build in U.S. Natural-Gas Inventories
U.S. natural-gas inventories likely increased by more than usual last week in a third straight build as the 2026 storage injection season gets into stride, according to a Wall Street Journal survey. Natural gas stored in underground facilities is…
Spire to Sell Natural Gas Storage Assets to I Squared for $650 Million
Spire agreed to sell its natural gas storage assets in Wyoming and Oklahoma to I Squared Capital, an infrastructure investment manager, for $650 million. The deal includes $600 million in cash at closing and a $50 million deferred payment to be…
Republicans squirm over gas prices ahead of the midterms
President Trump's assertion that high gas prices may be here to stay from now until November is exactly the opposite message of what GOP lawmakers want to hear in a midterm year, underscoring how the Iran war has become bad news for Republicans…
UK's Spirit Energy Plans to Cut 100 Jobs in Gas Restructuring
Spirit Energy Ltd. plans to restructure its business and cut jobs as its main shareholder, Centrica Plc, scales back natural gas production in the aging North Sea basin. Spirit has begun a consultation with personnel on reorganizing the business…
Gas Spending Jumped 16% for BofA Customers Amid the War in Iran
Bank of America Corp. saw its customers' spending on gas soar 16% in March as the war in Iran led to a jump in oil prices. For the quarter, spending on gas was up 3%, according to a presentation on the company's website. BofA offered the breakdown…
U.S. Natural Gas Inches Up After String of Losses
0918 ET – U.S. natural gas futures continue in rangebound shoulder-season trade, edging up after a string of session losses. Weather-driven demand is likely to recover into early next week, Eli Rubin of EBW Analytics says in a note. Also…
It's time for the gas giants to pay their fair share
You have reached your maximum number of saved items. Remove items from your saved list to add more. Ross Gittins makes it sound so easy to increase tax on large companies for exported gas, so why isn't it being done (“ There's an easy way to…
It's getting scary': Rising gas prices bring frustration to Houston residents
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Ignore 'self-serving' claims from gas giants and implement 100% tax on windfall profits, Ken Henry says
The former Treasury secretary Ken Henry says “self-serving” claims from gas giants about the risks of windfall profits and export taxes should be ignored by the Albanese government as it weighs up the intervention ahead of next…
A new gas tax would worsen Australia's supply problem
Australia should reject an additional tax on gas for a very simple reason: it will deliver less gas. It would also weaken our sovereign capability, push the energy transition in the wrong direction, make us less likely to secure investment and…
Energy experts split on gas' postwar future
The oil and gas crisis stemming from the Iran war has made energy security a central factor globally, officials and executives at Semafor World Economy said, though they diverged on whether that shift would benefit gas. Fossil fuel prices have…
Israeli settlers block Palestinian kids' path to school with tear gas and barbed wire
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
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