Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
With gas above $6, Gavin Newsom rejects green tax holiday
California Governor Gavin Newsom has rejected calls for a temporary gas tax holiday despite fuel prices in the state climbing above $6 a gallon, intensifying frustration among drivers already grappling with the rising cost of living. As of Friday…
Trump's messaging on gas prices is falling flat
The price of gas has risen 50% since the start of the Iran war, and is up 30 cents since last week to a national average near $4.50. None of this is a shock. When you go to war with a major oil producer, and that country promptly shuts down one of…
K-shaped economy is showing up at the gas pump: NY Fed
(NewsNation) — Soaring gas prices tied to the war in Iran are exposing a widening divide at the pump, with lower-income Americans cutting back on gas while wealthier households have barely changed their behavior. Low-income households…
'We are talking about energy security for Europe': Norway doubles down on oil and gas production
In case of any doubt about Norway's commitment to maintain – and expand – its production of gas and oil offshore, the energy minister, Terje Aasland, has a pithy response: “We will develop, not dismantle, activity on our…
GE Vernova's Boom Isn't Just About Gas Turbines
To understand the future of the energy economy, take a look at GE Vernova. The company's equipment provides a quarter of the world's electricity today, and its stock has taken off alongside growing power demand globally. On paper, the company is an…
Fast Food Chains-McDonald's, Taco Bell-Win As Gas Prices Crush Lower-Income Diners
Earnings from the first three months of 2026 show food businesses leaning on value menus and price cuts are gaining share as mid-tier fast food chains like Wingstop and Popeyes are losing, with executives warning they expect low-income consumers to…
Gloom deepens for consumers in early May due to high gas prices
This is breaking news. Check back for updates. The labor market may be showing signs of resilience, but U.S. consumers are feeling bruised and uneasy about the economic outlook as they struggle to cope with high gasoline prices. Copyright…
Metro Atlanta gas prices are up 50% since start of Iran war
“It happens every time I go get gas, and I give people money,” said Siegelson, now an adjunct professor at Emory University School of Medicine. “For people who are trying to get by to have to pay an extra $100 a month for gas…
Graham Platner is the latest Democrat to call for eliminating the federal gas tax
Our political journalists are based in the Maine State House and have deep source networks across the partisan spectrum in communities all over the state. Their coverage aims to cut through major debates and probe how officials make decisions. Read…
Gavin Newsom rejects gas tax suspension, blames Trump for soaring prices
California drivers are paying the highest gas prices in America, and Gov. Gavin Newsom still refuses to suspend the state gas tax as critics warn Sacramento's energy policies are pushing the crisis toward a breaking point. The statewide average for…
Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May, according to a University of Michigan survey Friday. The school's closely watched Survey of Consumers posted a 48.2 preliminary reading, down 3.2%…
Maine gubernatorial candidates split on energy costs, natural gas and budget cuts
Our political journalists are based in the Maine State House and have deep source networks across the partisan spectrum in communities all over the state. Their coverage aims to cut through major debates and probe how officials make decisions. Read…
Newsom again shuts down gas tax holiday amid skyrocketting fuel prices in California
Newsom again shuts down gas tax holiday amid skyrocketting fuel prices in California Quite the contrary, I'm very proud of our efforts in low carbon green growth. I'm proud of the innovation. I'm proud of being the dominant force in terms of…
Gas prices too high? Try this hack for saving money on your daily commute
I have always been a devotee of alternative transportation, finding that the only way to make the frantic pace of New York City breathable is to navigate it on my own terms. With gas prices soaring and MTA fares higher than ever, biking with a…
Driving less, canceling vacations, and tightening budgets: All the ways Americans are coping with soaring gas prices
The war in Iran has done what once seemed impossible: forced Americans to rethink the idea of driving everywhere. The conflict in the Middle East itself might be teetering on a tentative ceasefire, but higher gasoline prices are likely here to…
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