Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
KKEMI BADENOCH: North Sea gas could insulate Scots from chaos in Gulf
Click here to visit the Scotland home page for the latest news and sport Saving Britain's oil and gas industry is a personal mission of mine. In Aberdeen, across Scotland and the whole of the United Kingdom, I have seen for myself how important the…
The renewable energy source homeowners are turning to as oil and gas prices soar
British households are increasingly turning to solar power, with E.On reporting a significant sales surge, as Middle East conflict prompts a re-evaluation of fossil fuel reliance. The electricity supplier revealed a 62% increase in solar panel…
Britons turn to solar power to 'insulate' against oil and gas chaos, says E.On
War in the Middle East is prompting Britons to turn away from fossil fuel-driven power, as E.On revealed a spike in solar panel sales over recent weeks. The electricity supplier said solar sales were up by 62% this month, compared with the previous…
Spire to sell gas marketing business to Boardwalk Pipelines in $215M deal (SR:NYSE)
Spire (SR) said Monday it agreed to sell its Spire Marketing gas marketing business to Boardwalk Pipelines for $215M in cash. Spire (SR) said it expects to use proceeds from the sale to partially fund the acquisition of Piedmont…
European Gas Rises on Supply Concerns Ahead of Summer Storage Refill
0759 GMT – European natural gas prices climb in early trading as the escalating conflict in the Middle East heightened concerns over LNG availability ahead of the summer storage refill season. Analysts at ING warn that prolonged disruptions…
Analysts prepared for $200 oil as some gas prices set to cross $6 a gallon
Prediction market site Polymarket on Sunday reported that U.S. officials and Wall Street analysts have begun preparations for oil to top $200 a barrel as the Iran war continues and shows signs of possible escalation. This occurs as the average…
How Houthis entering Iran war could lead to higher gas prices in US
The Iran war expanded again this weekend after Yemen's Houthi movement announced it had entered the conflict, firing ballistic missiles toward Israel in what officials described as a major escalation. While the strike itself was intercepted…
Iran War's Gas Supply Shock Pushes Top Consumers Back to Coal
A deepening conflict in the Persian Gulf has upended oil and gas markets. It may also have provided coal — the dirtiest fossil fuel — with its most significant boost in years. Climate negotiators have been trying for decades to…
MAPPED: Where gas prices are rising the fastest from the Iran conflict
Gas prices are surging as the ongoing conflict with Iran drives up crude oil costs, fueling higher prices at the pump nationwide. The national average now stands at $3.98 per gallon, up $1 from a month ago, according to AAA. Prices are climbing…
Gov't inspects gas station suspected of excessive price hike, vows stern response
Industry Minister Kim Jung-kwan vowed Monday a stern response against gas stations that excessively hike fuel prices despite a price cap system, after conducting a spot check on a gas station suspected of unfair market practices, Kim's office said.
The Difference Between California-Produced Gas And The Other 49 States
They're always a topic of conversation, but right now, gas prices are even more top-of-mind for American car owners. As of this writing, the Strait of Hormuz is essentially closed, which is a major shipping lane for black gold's transportation.
AAA: Gas prices in Michigan rise again, but seem to be slowing
Gas Prices 'Michigan pump prices are still rising, but the sharp jumps motorists saw earlier this month are starting to slow,' said AAA spokesperson Adrienne Woodland. GRAND RAPIDS, Mich. — Michigan's statewide average gas price rose again…
Which retailers win and lose from high gas prices? Deutsche Bank sorts it out
As fuel prices continue to rise, companies indexed to higher-income customers may be best positioned to weather the elements, according to Deutsche Bank. The ongoing Middle East conflict has shocked global energy supply chains in recent weeks…
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand…
Gas prices rise again in Toledo, up more than $1 from last month
Local News Average prices now sit at $3.81 in Toledo, $3.95 nationally as both gasoline and diesel prices climb to multi-year highs. TOLEDO, Ohio — Gas prices in Toledo increased by more than $1 over the past month, now averaging $3.81…
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