Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
It's just ridiculous': Americans react to gas prices
Residents in Warren, Michigan, took to the streets to protest the cost of gas as the price of crude oil surged to record highs since the start of the war with Iran. Warren is known for its automotive industry and as a major industrial hub.
US Gas Prices Surge 9 Cents in Just One Day to $4.39 a Gallon
As the war in Iran enters its 60th day, gas prices in the United States are even higher with the national average climbing to $4.39 — a nine cent increase in just one day and up more than 30 cents in a week. NBC's Brian Cheung joins TODAY to…
Australians will pay more if Albanese fast-tracks fossil fuel projects, former oil and gas leaders warn
Former oil and gas industry leaders, including senior executives from BP and Shell, are warning the Albanese government that Australians risk ongoing price shocks and higher costs if it prioritises fossil fuel development in response to the global…
Wingstop blames Iran war and high gas prices for sales slump
The CEO of Wingstop, a popular chicken wing fast-food restaurant, has blamed rising gas prices caused by the war in Iran on a drop in its sales. Michael Skipworth, the company's CEO, made the comments during the chain's first-quarter earnings call…
Chicago gas prices up again, reaching over $5 a gallon
Gas prices in Chicago have jumped to over $5 a gallon for the first time in four years — squeezing drivers who likely will see even higher prices in the coming months. Austin resident Malik Allen was gassing up at a BP station Thursday at…
What's in the price of a gallon of gas?
The U.S. Energy Information Administration expects nationwide retail gasoline prices to average near US$4.30 a gallon for April 2026 – the highest monthly average of the year. The political response has been familiar. Georgia has suspended…
Gas prices spike in Winnipeg amid market volatility
Winnipeggers felt major pain at the pump on Thursday morning, as gas prices shot up more than 20 cents to just shy of $1.89 per litre. Prices haven't been this high in Winnipeg since the summer of 2022, when they went over $2 per litre. And that's…
Gas prices surge - and the pain outpaces the reality
The energy crisis in the U.S. is starting to eat into American wallets, and though it's hardly an apocalyptic scenario, it sure feels awful. Why it matters: Unlike in Asia and Europe, the U.S. is relatively insulated from the threat of actual…
TC Energy Appalachia Supply Project to expand Columbia Gas system in U.S.
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240,000 households to be hit with increase in electricity and gas prices
PrepayPower, which has 240,000 customer accounts, is to increase the price of its gas and electricity for customers from next month. It is the first energy supplier to announce a price hike since the war on Iran erupted, creating an energy crisis.
Victoria's Iona sees big future for gas, plots massive expansion
The owner of Victoria's major gas storage facility says it has begun planning and engineering a major extension of the plant, a development that would increase its size by one-fifth ahead of the closure of big coal generators. Lochard Energy, which…
How drivers are adjusting to latest spike in gas prices
Gas prices in Chicago areas we've been tracking rose to over $4 per gallon overnight, sparking a change in driver habits. NBC 5's Vi Nguyen reports.
Republicans desperate to pin soaring gas prices on anyone but Trump
House Republicans were asked about soaring gas prices Thursday, and true to fashion, they responded with a mix of deflection, contradiction, and confusion about how the global oil market works. When asked if President Donald Trump deserves blame…
AAA national average gas price soars about 33 cents in a week
The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392 as of Friday. The current figure is a whopping $0.333 higher than the week-ago average price of $4.059…
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