Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Wright on gas prices: 'I can't make any predictions'
Energy Secretary Chris Wright said Sunday he is “avoiding” predictions on gas prices, as the average cost has reached its highest point amid the war in Iran. “I can't make any predictions about… oil prices or gasoline…
The Knicks Have Finally Hit the Gas
New Yorkers are not exactly famous for their patience. And yet the city is filled with fans of the New York Knicks. Patience is required: The Knicks have not won a championship since 1973; they have not been to the N.B.A. Finals since 1999. And now…
Energy secretary says he's 'avoiding price predictions' as gas prices climb
Energy Secretary Chris Wright on Sunday refused to rule out the possibility that U.S. gasoline prices could reach $5 a gallon, saying he is “just avoiding price predictions ” as the national average continues to rise amid the Iran war…
Shell game: How Australian gas giants are using Singapore to reduce taxes
On a muddy waterway near Gladstone, about 500 kilometres north of Brisbane, tanker ships like this one are a common sight. Each holds enough liquefied natural gas (LNG) to power a city the size of Melbourne for a week. The ship is docked at Curtis…
Wright: Trump 'open' to suspending gas tax during Iran War price surge
May 10 (UPI) -- Energy Secretary Chris Wright said Sunday the Trump administration is 'open' to the possibility of suspending the federal tax on gasoline sales as prices spike amid the U.S.-Israeli war against Iran. Wright said during an appearance…
California gas prices could spike as imported oil supply dries up, industry warns
California may soon have to battle other states for oil resources as its imported supply runs dry, a leading lobbying group has warned. Jodie Muller, CEO of Western States Petroleum Association, said the limited amount coming into the Golden State…
EVs surge in Bolivia amid fuel shortages, 'junk gas' scandal
Tired of petrol shortages and skyrocketing prices, Simón Huanca took matters into his own hands. The 53-year-old Indigenous artisan imported a Chinese electric car to navigate El Alto, Bolivia's highest city, using the vehicle to transport…
U.S. Energy Secretary Says He Can't Make Predictions About Gas Prices
Energy Secretary Chris Wright said Sunday on NBC's “Meet the Press” that he couldn't make predictions about gasoline or oil prices. Previously in March, about two weeks into the Iran conflict, he said “ there's a very good…
Oracle Forced to Cancel Incredibly Polluting Natural Gas Plant to Power AI Data Center
Can't-miss innovations from the bleeding edge of science and tech The tech industry has done a poor job of hiding the environmental footprint of AI data centers, which hoover up electrons like nobody's business. With America's crumbling energy grid…
Ex-Fortescue execs to take control at struggling gas producer Strike
Two former Fortescue executives, including Andrew Forrest's former lieutenant Nev Power, have taken the top jobs at Western Australia's Strike Energy, the latest in a string of leadership changes at the struggling gas producer and developer.
Trump's energy secretary refuses to say gas won't hit $5 a gallon across US
Energy Secretary Chris Wright refused to rule out gas hitting $5 a gallon on average as Americans face a summer travel season defined by skyrocketing fuel costs. President Donald Trump's military attacks on Iran and the subsequent Iranian closure…
Chris Wright doesn't rule out $5 gas as Iran war strains global fuel supply
Energy Secretary Chris Wright did not rule out the possibility of gas reaching over $5 per gallon due to the Iran war, saying he is “avoiding price predictions.” This past week, Wall Street raised concerns about the possibility of gas…
Labor's got neither the taxing nor reserving of gas right
Just when we needed a clear way forward on energy policy, Australians have been left with a half-hearted and a half-developed combination of responses to one of the greatest challenges facing our energy transition, and by extension, our future…
Energy secretary says Trump administration is open to suspending gas tax amid soaring prices
Energy Secretary Chris Wright told NBC News' “Meet the Press” on Sunday that the Trump administration is “open to all ideas” to lower the cost of gas, including suspending the federal gas tax. Gas prices have been…
Energy Secretary Wright says Trump administration open to suspending federal gas tax amid price surge
Energy Secretary Chris Wright said Sunday the Trump administration is open to suspending the federal gas tax as Americans face rising fuel prices tied to the ongoing conflict involving Iran and disruptions in the Strait of Hormuz. 'We are open to…
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