Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why this industrial gas giant deserves its premium valuation (and should be owned)
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are rallying Friday, but the S & P 500 is still on pace for a…
Inflation accelerated to 0.4% in August as gas prices rose
Sept. 11 (UPI) -- The consumer price index rose to 0.4% on a seasonally adjusted basis putting annual inflation at 3.4%, the U.S. Bureau of Labor Statistics reported Friday. Gas prices were a driving factor in accelerating inflation after a 0.1%…
Pennsylvania Data Center Limits Are a Threat to Gas Firms, Trade Group Says
Pennsylvania Governor Josh Shapiro's new restrictions on data center development threaten a key source of demand growth for shale gas producers in the state, according to an industry trade group. “We were disappointed in the announcement in…
U.S. inflation accelerated last month as gas prices spiked, squeezing Americans' finances
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Friday's report increases pressure on the inflation-fighters at the Federal Reserve to boost…
Netherlands Cuts Gas Storage Target in Attempt to Ease Prices
The Dutch government will lower its stockpiling target for natural gas in order to ease upward pressure on wholesale prices amid the ongoing conflict in the Middle East. The new target will be to fill 64% of storage capacity, 10 percentage points…
Gas Prices, Record Household Debt Strain U.S. Consumers
Consumers just can't catch a break. According to Friday's Consumer Price Index report from the Bureau of Labor Statistics (BLS), inflation is holding steady as surging gas prices empty shoppers' wallets. But that's not all. Year-over-year data…
Strategist sees 'extremely high' risk of $5 gas by November - TT
Jeff Currie in London in May. (Chris Ratcliffe/Bloomberg) Veteran commodities strategist Jeff Currie said Sept. 11 that U.S. gasoline prices are highly likely to reach $5 a gallon before the Nov. 3 midterm elections. Currie attributed rising fuel…
Inflation picked up in August as gas prices jumped - TT
The Labor Department said August inflation rose 0.4% from July as higher gas prices boosted costs amid renewed Middle East fighting. Annual inflation held at 3.4% while core inflation eased to 2.4%, but monthly core prices posted their largest…
Don't Blame Ukraine for High Gas Prices
In recent interviews, U.S. Energy Secretary Chris Wright has blamed Ukraine for higher energy prices, saying that its drone and missile strikes on Russian refineries are the main reason U.S. drivers are paying record prices at the pump. But the…
EPA to Loosen Methane Rules, Boosting Pollution From Oil and Gas Wells
The Trump administration is poised to loosen environmental restrictions on oil and gas wells that produce very little energy but release vast amounts of methane, a highly potent greenhouse gas. The Environmental Protection Agency is proposing to…
Gas vs Electric Pressure Washers: Which One Is Best for Your Property?
For most of my adult life, I've operated under a fairly simple assumption when it comes to most tools and power equipment: Louder, stronger, and sturdier usually means “better.” So, naturally, when it came to pressure washers, I…
Gas prices are expected to drop soon, but geopolitical risks remain - National
Consumers in Canada could see some relief at gas pumps starting next week as gas refineries go through regular seasonal changes, but how much gas prices will drop is unclear as geopolitical risks keep analysts guessing about the long-term outlook.
Inflation report to show latest prices as Iran war pushes up gas costs
An inflation report to be released on Friday will provide the latest gauge of price increases as the Iran war continues to drive up fuel costs midway through its seventh month. The fresh data, which details inflation in August, is set to arrive…
Fox argues that high oil and gas prices 'could have been a lot higher' - though not everyone at the network agrees it's a winning message
As diesel hit an all-time high and gas prices set a Labor Day record, Fox Business contributor Phil Flynn argued on Fox & Friends, “People don't give [Trump] enough credit for how he's kept gasoline prices under control.” He…
Travellers 'vomited blood' after tear gas let off at airport
Dozens of passengers were left coughing 'and some vomited blood' after tear gas was sprayed near a coffee shop in a busy airport, a court has heard. After the incident on December 7 last year, which also saw tear gas sprayed in the face of a woman…
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