Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Would pausing NC's gas tax lower prices? Industry leader says no
For every gallon of gas pumped in the State of North Carolina, nearly 60 cents is collected for federal and state level taxes. North Carolina collets 41 cents and federally, 18.4 cents is collected. After the fuel price spikes due to the conflict…
British Gas owner buys gas-fired power station for £370m for energy 'security'
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. British Gas owner Centrica has bought a gas-fired power…
U.S. Natural Gas Futures Extend Decline
0905 ET – U.S. natural gas futures are lower for third session with oil markets continuing to sell off on peace deal hopes and domestic weather-driven demand seen light for the next couple of weeks. “However, as the natural gas market…
Gas-fired power still looks a safe bet for Centrica in the renewables era
The eye-catching non-Hormuz news in energy-land last month was that Great Britain is set for a record-breaking summer for wind and solar power generation. The national energy system operator even thought there could be periods – a sunny…
Australia to Make LNG Projects Supply 20% of Gas to Local Market
Australia will require liquefied natural gas exporters to set aside a fifth of new production for the domestic market, as the government moves to curb prices and avert shortages on the populous east coast. The new system will apply to prospective…
Gas bills 'no longer hostage' to international market under new laws to drop price
An east coast gas reserve will force gas giants to save 20 per cent of their export volumes for the Australian market. The new policy is expected to reduce domestic gas prices, but Energy Minister Chris Bown won't say by how much. The new scheme…
TC Energy Is Built For The Natural Gas Boom (NYSE:TRP)
TC Energy (TRP) is driven by resilient fee-based cash flows and robust project execution. TRP's growth is anchored by expansion projects in natural gas and power, with high utilization rates and long-term, creditworthy contracts supporting future…
Fuel STAR Act: A better way to lower gas prices with year-round E15
Next week, the U.S. House is expected to vote on legislation that would exacerbate this problem. While this bill was born out of a valiant, good-faith effort by numerous House members (including me) who served on the speaker's E15 council, it makes…
Mexico Plans $8 Billion in Gas Pipelines to Boost Power Sector
Mexico is planning to invest 140 billion pesos ($8.1 billion) in new gas pipelines over the next four years, the latest step in President Claudia Sheinbaum's plan to boost the country's power generation.
The Complicated Reality Behind High Gas Prices
Average gas prices in the United States have gone up by almost 40 percent since March 1. The reason appears straightforward: Iran has blocked the Strait of Hormuz in response to the U.S. military operation that decapitated its regime and degraded…
Gas companies will be forced to set aside local supply under major Labor shakeup
Gas companies will be forced to set aside 20% of exports for domestic use under a reservation scheme designed to shore up supplies and bring down prices for households and businesses on the east coast. The federal government announced the design of…
Tesla's stock rises as investors get a fresh sign that high gas prices are driving EV sales
Tesla shares were rising on Thursday on the heels of the latest signs of sales momentum in China. The electric-vehicle maker in April saw 79,478 deliveries of Model 3 and Model Y cars built at its Shanghai plant, according to new data from the…
Oracle ditches its Project Jupiter gas plant after a wave of data center backlash
Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to generate on-site electricity. Dubbed Project…
Hoping a possible peace deal will bring down gas prices quickly? It might take a year
Even if a peace deal between Iran and the U.S. is reached imminently, it could still take as long as a year for pre-war gas prices to return, experts warned. President Donald Trump's war in Iran, now in its ninth week, has seen average gas prices…
Iran war squeezes Swiss gas imports
The trend in electricity and gas prices is also uncertain, warned the Swiss Federal Electricity Commission (ElCom). Gas-fired power stations play an important role in ensuring security of supply in Europe, ElCom stated. But gas storage levels in…
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