Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil and gas industry expected surplus - but war brought shortage instead
In 2023, the International Energy Agency predicted that by 2028 the world's oil companies would produce more oil than people wanted to buy. Prices responded to that and similar projections of slowing oil demand, dropping too low to attract…
Gas tax cuts become bipartisan issue in battleground campaigns
In Wisconsin, both gubernatorial candidates have called for the repeal of the state's minimum markup law, which includes a provision prohibiting gas stations from selling fuel below cost. Democratic candidate David Crowley first pushed to repeal…
States tackle high gas prices as Trump predicts relief after midterms
States are taking steps to ease the burden of high gasoline and diesel prices as President Donald Trump said Monday that fuel prices will fall once the Iran war is over. “Iran will never have a nuclear weapon—we're going to win that…
Natural Gas Slides on Milder Temperature Outlook
0934 ET – Weather in the U.S. is expected to bring only mild temperatures for most of the country, in turn limiting consumer demand for natural gas. According to the latest forecasts from the NOAA's Climate Prediction Center, the eastern…
Kemp suspends Georgia's gas tax, declares state of emergency
Sept. 29 (UPI) -- Georgia Gov. Brian Kemp is suspending the state's gas tax for 30 days, while declaring a state of emergency due to 'global market volatility.' Kemp signed the executive order Monday declaring a state emergency and suspending the…
Queensland demands urgent gas reservation probe
Queensland's Crisafulli government is seeking an independent probe into federal Labor's plan to force the state's gas producers to set aside up to 20 per cent of their supplies for domestic use, which it says could curtail investment and push up…
$117 billion fuel shock: Why the worst gas price hikes are still ahead
If you think your energy costs are high now, the situation may be about to get a whole lot worse. With traffic in the Strait of Hormuz – normally the primary route for oil leaving the Middle East – hovering below 15% of prewar levels…
Trump's Transportation Dept. Rolls Back Fuel Efficiency Standards Despite Surging Gas Prices
President Donald Trump once again has his finger on the pulse of the nation, and he's identified what the people are yearning for in these trying times: dirtier cars that cost more to drive. With the war with Iran driving diesel to all-time record…
Amid rise in global gas prices, Bezalel Smotrich moves to reduce Israel's fuel tax
Finance Minister Bezalel Smotrich said in an X/Twitter post on Tuesday that he will move to decrease fuel taxes in an attempt to prevent a pending rise in the price of gas. 'I instructed the professionals in the Treasury today to deepen the…
Direct neutral gas found in galaxies 700M yrs post-Big Bang
Approximately 13.8 billion years ago, the Big Bang is hypothesized to have occurred, kickstarting our universe and eventually life on our small, blue world. While the Big Bang has yet to be directly observed, scientists have worked tirelessly to…
Gas prices in Israel cross $10 per gallon, setting punishing new record
The price of gasoline in Israel will rise by 52 agorot per liter at midnight between Wednesday and Thursday, reaching an all-time high of NIS 8.27 per liter, equivalent to $10.17 per gallon, following a surge in the dollar exchange rate and global…
Sabotage halts Syria gas pipeline in latest attack on energy sector
An apparent explosion on an eastern gas pipeline in Syria halted gas flow to power stations in the latest act of sabotage against the Mediterranean country's energy facilities, authorities said Tuesday. 'A fire broke out Monday evening in a gas…
Spain to cap gas price hikes, extend fuel discounts
Economy Minister Carlos Cuerpo said the package aimed to 'extend and adapt' support measures first taken in March after the conflict, triggered by US-Israeli strikes on Iran, plunged global energy markets into turmoil. The volatility has affected…
Ducktail Run Rod & Custom Car Show draws 100,000 visitors to Gas City
INDIANAPOLIS (WISH) — Gas City is putting itself on the map as a Grant County destination, welcoming visitors from across Indiana for festivals, classic cars, live entertainment and family-friendly events throughout the year. Located about…
How to stop Delhi from turning into a 'gas chamber' in winter? MCD discusses steps
3 min read New Delhi Make us preferred source on Google Air pollution control and dust mitigation measures took center stage during the Municipal Corporation of Delhi (MCD) House Committee meeting on Tuesday. Councillors across party lines debated…
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