Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What will Iran deal mean for gas prices?
The U.S.-Iran peace deal is expected to bring some relief for Americans' at the pump, but even if it holds, prewar gasoline prices could be elusive. © Amirhosein Khorgooi, ISNA via Associated Press The agreement is expected to increase traffic…
More US states push to ban kratom drink deemed 'gas-station heroin'
In 2024, Maizie Hepner, 24, started visiting a bar in Dubuque, Iowa that did not serve alcohol and instead offered beverages containing kava and kratom, psychoactive substances derived from plants. The drinks were marketed as “herbal tea…
Higher Gas Prices Will Likely Outlast Iran War - TT
A sign displays the price of regular gasoline and diesel fuel at a Citgo gas station in Brewer, Maine, on June 8. (Graeme Sloan/Bloomberg) A tentative U.S.-Iran deal to reopen the Strait of Hormuz has begun easing oil prices, but consumers are…
Gas prices edge toward $4 a gallon as 'real test' shifts to Hormuz reopening
Gasoline prices dropped toward the $4 per gallon threshold on Tuesday as oil futures briefly dropped below $80 for the first time since March. The national average at the pump dropped to $4.04 per gallon, according to AAA data. Prices dropped $0.13…
Lingering questions from Iran deal for oil and gas prices
Senior U.S. officials confirmed that President Donald Trump and Vice President JD Vance digitally signed the memorandum of understanding, along with Iranian Parliament Speaker Mohammad Bagher Ghalibaf. The peace deal, however, still has to be…
European Gas Prices Expected to Stay Elevated Despite Recent Drop
1232 GMT – European gas prices have fallen sharply after the U.S. and Iran reached a framework deal to end hostilities, though they remain well above prewar levels. “There is also skepticism regarding how quickly LNG tankers will be…
Strait of Hormuz deal expected to bring some relief at the pump, but prewar gas prices could be elusive
The tentative U.S.-Iran peace deal is expected to bring some relief for Americans' at the pump, but even if it holds, prewar gasoline prices could be elusive. The agreement is expected to increase traffic through the Strait of Hormuz, a key oil…
Higher prices for gas, groceries and flights will outlast the Iran war, experts say
A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict. Even after oil starts flowing again from the Middle…
Iran deal could lower gas prices. Map shows who stands to gain most
National average gas prices fell to $4.07 per gallon on Monday after reports that the U.S. and Iran have reached a framework agreement aimed at easing tensions and reopening key oil shipping routes. Pump prices remain at four-year highs but have…
End the Renewable Fuel Standard Now, and Lower Gas Prices
The Renewable Fuel Standard, or RFS, is a federal program mandating a minimum addition of 'renewable' fuels to transportation fuels in the United States. These renewables can include ethanol, biodiesel, and other biofuels. The Environmental…
Chevron completes Tamar Optimization Project, boosting Israeli gas capacity
Chevron Mediterranean Limited and its partners in the Tamar natural gas field have completed the Tamar Optimization Project offshore Israel, the company said Tuesday, June 16, 2026. The project aims to strengthen domestic and regional gas supply by…
Gas Prices Are Down as Markets Clap and Repeat, 'I Do Believe in the Iran Deal, I Do Believe in the Iran Deal
Average gas prices in the U.S. have dropped to below $4 per gallon for the first time since April, according to the latest data from GasBuddy. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite are all soaring on Monday. It's…
Small rate change to FortisBC gas bills July 1
Designated Renewable Natural Gas blend to increase while the cost of gas to remain steady until October 1 SURREY, BC, June 16, 2026 /CNW/ - On July 1, most FortisBC Energy Inc. (FortisBC) customers will have 3.5 per cent of their gas use designated…
British Gas urges households in England to use dehumidifier before Saturday
Dehumidifiers can be used to cool down a room Major UK energy supplier British Gas is urging households to use dehumidifiers to beat the heat when the scorching conditions return - and the Met Office says it could be before this weekend. The…
Tories would give Aberdeen oil industry 'kiss of life' says Badenoch
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A Scottish Conservative win in Aberdeen South…
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