Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gujarat cuts industrial gas use by 50%
The Gujarat government has imposed a 50 per cent cut on industrial uses of gas amid concerns over the Middle East conflict, a state minister said on Tuesday, while assuring that domestic LPG distribution remains uninterrupted. The state and the…
Soaring Gas Prices Are Latest Blow for Auto Industry in Constant Whiplash
When Zach Carabajal saw gas prices skyrocketing, the car salesman sprang into action. Accustomed to selling sporty Mazdas in the middle of Texas truck country, Carabajal saw an opportunity to capitalize. He pulled together an online video…
Newsom blames Trump for California's higher gas prices
Gov. Gavin Newsom (D-CA) stepped up his criticism of President Donald Trump's decision to go to war with Iran on Tuesday, arguing that the president's actions have fueled a global oil and gas price spike that's hurting American families.
Gujarat Reduces Industrial Gas Usage by 50% Amid West Asia Conflict
Measures were being taken in line with periodic guidelines issued by the central government to prevent panic and ensure the steady availability of LPG for households, he said. 'The state government is constantly working to make sure that no…
India Low On Gas, Yet Markets Recover
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
Gas prices keep climbing, and Massachusetts may see some of the biggest hikes
Gas prices in Massachusetts have been climbing sharply as the war with Iran disrupts global oil markets, pushing up crude prices and squeezing drivers at the pump. As a key shipping route for oil has effectively stalled, experts say this won't be a…
Indian firms hit by disrupted gas supplies because of US-Israel war on Iran
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and…
Most Americans expect even higher gas prices: Survey
Americans are bracing for expected economic impacts of the Trump administration's military operations in the Middle East, with a majority in a new poll expressing pessimistic views about the future of gas prices. In the Reuters/Ipsos survey…
Map shows where gas prices rising fastest
Gas prices have jumped more than 18 percent since the U.S. and Israel launched joint strikes on Iran on February 28, starting an ongoing conflict in the Middle East which has no clear end in sight. As of Tuesday, March 10, the average price for a…
Trump Administration Struggles to Contain Soaring Gas Prices
Oil pumpjacks in the Inglewood Oil Field near Los Angeles on March 10. Last month, President Donald Trump took time during his State of the Union address to brag about plummeting gas prices during his tenure, claiming that some Americans were…
Amid Middle East war, Mahanagar Gas shares update
Mahanagar Gas Ltd (MGL) on Tuesday clarified it is not facing any reduction in the availability of gas at present and the company continues to maintain normal CNG (compressed natural gas) and piped natural gas (PNG) supplies across its operational…
European Gas Drops Amid Trump's Efforts to Calm Energy Markets
European natural gas dropped after US President Donald Trump predicted the Iran war will end soon, as he faces mounting pressure over how the conflict has upended energy markets. Benchmark futures fell as much as 16%, following oil, after extreme…
Gas prices threaten Republican lawmaker's plans to win on affordability
Gas prices have increased more than 60 cents in the past month. President Donald Trump and GOP leadership say the Iran war will be over soon and gas prices will come back down. Several U.S. House members say the price spike is a 'problem' and that…
Calif. gas surges past $5 as Iran war jolts oil markets. When will relief come?
Gas prices in California and across the country have skyrocketed over the last several days, and experts say they're only expected to keep climbing as the war with Iran escalates. The gas hike reflects instability in global oil markets as the…
Leavitt promises Iran war will 'lower gas prices in long term' for Americans
As Americans grimace at the higher prices they've been forced to pay at the gas pump since the start of the U.S.-Israeli war on Iran, the White House is promising all will be well — or better — once the bombing campaign wraps up.
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