Gas Industry News

James Allcock, British Gas director who was pivotal in securing reliable supplies of North Sea gas

​James Allcock, who has died aged 90, was a director of British Gas who played a key role in the provision of nationwide supplies from the North Sea. A devout Christian, he was prominent in the movement to bring the influence of faith into…

Winter Storm Forecast Triggers Rise In Natural Gas Prices

Natural gas prices soared on Tuesday for the second straight day ahead of a major snowstorm expected to impact a large portion of the United States, suggesting the market is bracing for potential supply disruption at power plants. Natural gas…

Big gas and oil finds in the Mediterranean could be a game changer

Call it the Monroe Doctrine, the Donroe Doctrine or what you will, but the lessons of Trump's strike against Venezuela and his kidnapping of its autocratic president Nicolas Maduro are clear enough. That you'd better take Donald Trump seriously…

Trump hits out at Britain's 'catastrophic' North Sea oil and gas curbs

Donald Trump lashed out at Britain's 'catastrophic' North Sea oil and gas curbs today as he stoked Transatlantic tensions. The US president condemned the UK for failing to exploit energy resources as he gave a rambling speech at Davos. The comment…

U.S. Natural Gas Futures Extend Weather-Driven Rally

US gas prices soar as America hit with life-threatening Arctic front

Gas prices in the United States have skyrocketed as more Americans use their heating to stave off the cold, amid the life-threatening Arctic front currently blasting the country. The cost of gas futures shot up by more than 50 percent over the last…

Natural Gas Prices Soar 60% in Two Days As Cold Wave Grips U.S.-What That Means For You

An Arctic cold blast and winter storm forecast have boosted expectations for heating demand, sending natural gas prices sharply higher this week. The extended forecast predicts colder-than-normal weather through the end of January, and the U.S.

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Funds Turn Long on European Gas as Prices Soar 30% in a Week

Funds and other speculators shifted to net long positions in European gas, as unusually cold weather and short covering drove future prices up 30% in a week. The move into long territory followed a reduction in net short positions in the week…

US Natural Gas Jumps Over 50% This Week as Freeze Takes Hold

US natural gas futures gained more than 50% in two days, with freezing temperatures taking hold of swathes of the country and lifting demand for heating. Contracts are on track for their biggest weekly gain in over 35 years. An Arctic cold front is…

Natural gas prices soar as Arctic cold to blast Upper Midwest and descend across U.S.

Wind chills could fall to -50 degrees Fahrenheit across the Upper Midwest and Northern Plains, according to the National Weather Service. The cold will descend south with snow and ice storms gripping much of the U.S. The wind chills pose a…

CBP Chief and His Goons Shamed Out of Minnesota Gas Station

Border Patrol is not welcome in Minneapolis's streets, its schools, or its gas stations. A crowd of anti-ICE protesters stormed federal agents at a Speedway gas station on Nicollet Avenue Wednesday, throwing out Border Patrol Chief Greg Bovino…

Infinity Natural Resources to buy Pennsylvania gas asset in $36M deal (INR:NYSE)

Infinity Natural Resources (INR) +3.9% pre-market Wednesday after saying it agreed to acquire Chase Oil's working interest in Infinity's South Bend field in Pennsylvania for ~$36M in stock. The acquired asset includes 18 producing wells that…

Delta Utilities complaints, natural gas prices spike

Some New Orleans households are seeing jumps in their gas bills this winter after Entergy carved out its natural gas business and sold it to Delta Utilities last year. Why it matters: It's creating a mix of confusion and frustration amid an already…

Trump's Tariffs: How the Upcoming Supreme Court Decision Will Impact the Price of Gas

Guillem de Balanzo / Getty Images/iStockphoto GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are…