Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
U.S. Natural Gas Futures Start Week Lower
0849 ET – U.S. natural gas futures are lower at the start of the week. Warmer-than-normal weather extending well into September maintains some price support, with significant near-term heat driving cooling demand. But “with normal…
High Gas Prices Now Might Hurt Republicans in November
Most people are keenly aware of gasoline prices. We see them go up and down every day in our daily travels. Prices for gasoline and diesel fuel are emblazoned on the landscape in huge, illuminated signs at every gasoline station, every convenience…
US Natural Gas Ticks Up on Hotter Forecasts, Cooling Demand
US natural gas futures were up slightly as near-term forecasts showed hotter weather in the coming weeks, indicating increased cooling demand for the power-plant fuel as consumers crank up air-conditioning. Gas demand for liquefied natural gas…
A Production, Gas-Powered Acura Nexera? U.S. CEO Wants It To Happen
Acura said its stunning Nexera coupe concept was purely that—a concept, and there was no production intended whatsoever. Showing off something so extreme at Monterey Car Week is a bold move, and the two-seat, scissor-door design study was…
Will Trump's Venezuela oil deal lower U.S. gas prices? Here's what experts say.
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves 'will substantially lower Gas Prices for all Americans, long into the future.' With the average U.S. gas price still above $4 a gallon nationwide, American consumers…
Gas station chain praised by Trump sold 'stolen' fuel, lawsuit claims
A gas station chain praised by Donald Trump for its below-market-rate prices allegedly sold fuel its supplier didn't pay for, according to a new lawsuit. Trump's war with Iran caused gas prices to spike earlier this year when Tehran responded to…
Natural gas prices to consumers, industry to remain unchanged - Focus Taiwan
Taipei, Aug. 31 (CNA) State-owned oil supplier CPC Corp., Taiwan, will keep natural gas prices for domestic and industrial users unchanged in September but will increase them by 5.83 percent for companies that generate electricity, it said Monday.
Fracked gas from Beetaloo Basin will flow to NT power grid from today
The tap that will feed gas fracked from the Beetaloo Basin into the Northern Territory's power grid is being turned on today. The CLP government says the development is forecast to generate billions in economic value and create thousands of jobs.
SpaceX Logs NASA Launch Success, Jumps Into Gas Turbine Business
Elon Musk over the weekend confirmed SpaceX will begin in-house production for natural gas turbine parts, an effort to alleviate supply chain bottlenecks as Big Tech companies accelerate their AI buildouts. SpaceX on Sunday launched the deep-space…
Michigan gas prices inch up 1 cent from last week, AAA says
Michigan's gas prices are about the same as they were a week ago, with AAA reporting a 1-cent increase in the average price per gallon. AAA issues weekly trend reports on Mondays and provides a database that tracks day-to-day changes. Michigan…
KKR Turns Private Jet 'Gas Stations' Into a $10 Billion Coveted Asset
At Teterboro Airport, the private jets are getting bigger. The airport hasn't.
Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
President Donald Trump promised that his massive oil deal with Venezuela would 'substantially lower gas prices for all Americans, long into the future.' But Venezuela's oil infrastructure is in a state of disrepair after years of mismanagement by…
Advancing lifetime prediction of thermal barrier coating system in gas turbines
Researchers at IMDEA Materials Institute have developed an advanced computational modeling framework that enables the systematic analysis of potential failure and degradation mechanisms in thermal barrier coatings (TBCs). Such coatings are…
Gina Rinehart's Hancock Energy strikes deal to develop WA gas field
A landmark deal between billionaire businesswoman Gina Rinehart's Hancock Energy and under-pressure Strike Energy has paved the way for the development of one of Western Australia's largest onshore gas fields, just as worries mount about potential…
Reality check: Trump's Venezuela oil deal may have little immediate impact on US gas prices
President Donald Trump announced the United States reached a deal to extract tens of billions of barrels of Venezuelan crude to replenish America's depleting strategic oil reserves and lower prices as Americans face crushing energy costs at home…
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