Gas Industry News

Gas prices in Trump's second term hit record high for any presidency

Trump came to office pledging to promote drilling for oil and gas to lower prices. But his war in Iran has driven up oil prices and inflicted pain on drivers every time they stop to refuel. The war resulted in a slowdown in shipments of fuel…

US Gas Prices Post Biggest Weekly Drop in Months

Average nationwide gas prices across the U.S. have recorded their biggest weekly decline in months, falling by 17.1 cents to reach $4.12 per gallon, according to fuel-price tracking platform GasBuddy. The national average is also down 24.7 cents…

Welcome to the gas price election

Mocanaqua man charged with threatening to burn house, use mustard gas

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Europe faces gas shortages this winter unless Trump strikes peace deal with Iran

Europe could face a gas shortage this winter if Donald Trump fails to strike a deal with Iran to reopen the Strait of Hormuz, the International Energy Agency (IEA) has warned. Gas storage levels could plummet under 10 per cent of working capacity…

US Gas Prices Rise Above $4 for the First Time on Election Day

Americans driving to the polls will pay gas prices averaging over $4 a gallon for the first time on record on an election day, the latest milestone in an energy crisis that has taken center stage in the US midterms. US gas prices averaged $4.13 a…

IEA forecasts decline in global natural gas demand

Global natural gas demand is expected to fall by approximately 1.5%, or 65 billion cubic meters, in 2026 compared with the previous year, according to the International Energy Agency (IEA). This would mark the third annual decline in global gas…

European TTF Gas Rebounds After Monday's Drop

0916 GMT – European natural-gas prices rebound after settling more than 8% lower in the previous session. In early trading, the benchmark Dutch TTF contract rises 3.6% to 98.25 euros a megawatt-hour as investors weigh fresh U.S. strikes on…

Diamondback Forecasts Permian to Also Be Gas King by Next Decade

Diamondback Energy Inc. said the Permian Basin, home to the nation's most productive oil field, will also become the biggest natural gas play in the US sometime in the 2030s. One of the biggest drillers in the West Texas and New Mexico oil patch is…

In top Senate race states, gas and grocery costs rose faster than the national average

From gas and groceries to housing and wage growth, midterm voters who are being squeezed by inflation tell NBC News the economy is their top issue this Election Day. In 2024, President Donald Trump's promise to bring down prices and make daily life…

British Gas resumes force-fitting prepay meters months after £112m settlement

British Gas has resumed force-fitting prepay meters in the homes of people unable to afford their energy bills months after paying the largest settlement on record for sending debt collectors into the homes of vulnerable customers. The industry…

View: Gas on the ballot in US elections

Today's US election is a test of how much voters will want to punish the president for soaring gasoline and power prices. Energy costs are always an important factor in elections; gas prices are the only economic indicator displayed in big bold…

ONE Gas: Q3 Earnings Snapshot

TULSA, Okla. (AP) — TULSA, Okla. (AP) — ONE Gas Inc. (OGS) on Monday reported earnings of $31.2 million in its third quarter. On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 49 cents. Earnings, adjusted…

On Wall Street, the 'energy transition' includes natural gas and data centers

Blackstone, one of the largest private equity firms in the world, officially changed the name of its dedicated energy investment fund to include the phrase “energy transition” in 2022, having already ceased investing in oil and gas…

Defiance polling place reopens after gas leak

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