In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly ...
Tag: Gas
‘Civilization Will Crumble’ Without Oil And Gas In Short Term
Topline Tesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil in the short term, in line with his recent change in tune on the use of non-...
Opinion: Why Ethereum’s ‘Merge’ Won’t Lower Gas Fees?
There’s an idea that Ethereum’s upcoming protocol upgrade — known as The Merge — will reduce transaction fees on the bluechip blockchain, but that’s not quite the case. Here’s why. Transaction fees on...
Will Joe Biden’s gamble on big oil pay off in leveling gas prices?
Photograph: Frederic J Brown/AFP/Getty Images Can Joe Biden push big oil to drill for more oil, lower gas prices and speed up the switch to electric vehicles? That’s the ambitious aim of a plan the Bi...
Germany’s Economy Minister announces changes to the gas levy
The economy minister of Germany, Robert Habeck, has warned about an increase in energy prices during winter. The government official said that the ongoing market conditions would cause this increase. ...
Germans are stocking up on firewood as natural gas prices soar — Quartz
Skyrocketing prices for natural gas have Europeans scrambling for alternative energy sources. In Germany, where households face a 480 euro rise in their gas bills, people are resorting to stockpiling ...
California’s Banning Gas Cars, Half A Billion For Better Energy & Amazon’s Green Hydrogen Bet
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty On Thursday, the Department of Ener...
Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year
Stocks in the S&P 500’s energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial. The strong ...
Fuel Up on These Three Natural Gas Dividend Stocks
U.S. natural gas prices recently reached a 14-year high, as we’re hit with ongoing inflation and the war in Ukraine. As these catalysts are not likely to subside any time soon, natural gas price...
Inflation falls for first time in more than two years, key U.S. gauge shows, due to sinking gas prices
The numbers: A key gauge of U.S. inflation fell 0.1% in July thanks to tumbling gasoline prices, marking the first decline in more than two years and giving Americans some relief from a rapidly rising...
Plunging Gas Prices Expose Fickle EV Flirtation
Declining gasoline prices are affecting interest in electric vehicles. getty When what went up, goes down, it doesn’t go alone. That’s what’s happened in the fickle flirtation betwee...
Does California have enough electricity to ban gas cars? — Quartz
California will ban the sale of internal combustion engine passenger cars by 2035, officials there said on Aug. 24. The policy, coming on top of new incentives for EV buyers in the Inflation Reduction...
US Shale Could Erase Debt by 2024, Freeing Up Cash for Gas Pivot
(Bloomberg) — US shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas productio...
If Not on the Merge, How Are Ethereum Developers Planning to Work on Spiking Gas Fees? – crypto.news
The accelerated growth of decentralized finance (DeFi) protocols has been the highlight of the crypto and blockchain space in the last couple of years. However, an influx of users on these protocols p...
Gas prices are going higher, even if demand drops: Trader
Gas prices in the U.S. have fallen for 70 days straight to a national average of $3.89 a gallon, according to AAA. But consumers shouldn’t be lulled into thinking this streak will last through the end...
Powell and Gas, is the Crisis Done? – Trustnodes
Four rate hikes in as many months has the market back to watching natural gas attempting to cross $10 in USA, the highest level in more than a decade. In Europe, gas has lost its head. Up 20x at Dutch...
LNG Stocks To Watch As Natural Gas Prices Retreat
LNG stocks were mixed Tuesday as U.S. natural gas futures fell back from levels not seen since 2008. A reported delay in the restart of Freeport LNG’s Texas export terminal appeared to trigger t...
‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says
Oil prices could spike again by the beginning of 2023, says one analyst. “Domestically, whether it’s oil or it’s gas, these companies have very very limited incremental capacity at t...
2 strong buy stocks to play the increase in natural gas prices
Crude oil and natural gas, the two commodities representing the backbone of industry and households, are seemingly on different trajectories. Namely, Crude lost roughly 25% from its highs, while gas r...
Highly Anticipated Ethereum Merge Would Not Lower Gas Prices
Following the Merge, there will be no discernible increase in transaction speed. The Merge will render energy-intensive mining obsolete. In a statement published on Wednesday, the Ethereum Foundation...
Natural Gas Prices Soar In Europe And Asia As Moscow Plots Closure Of Key Pipeline
Topline Natural gas prices in Europe and Asia have skyrocketed after Russia’s state-controlled Gazprom announced plans to temporarily close a key pipeline at the end of August for maintenance, deepeni...
Stocks Lower, Week Ahead, Tesla, AMC, Gas Prices-5 Things To Know
Here are five things you must know for Monday, August 22: 1. — Stock Futures Slide On Growth, Inflation Worries U.S. equity futures slumped lower Friday, while the dollar extended its best weekl...
Why Europe Didn’t Ramp Up Caspian Gas Imports Sooner
For over two decades, the European Union has sought gas from the Caspian Sea’s giant reserves. During that time, grand pipeline projects have been mooted and forgotten. All the while, the bloc has gro...
Gas Drops Below $3.50 A Gallon In These 10 States—With More Likely To Come
Topline The two-month tumble in U.S. gas prices shows no sign of slowing as fall approaches, which typically brings a seasonal drop in demand that experts say could push the national average below $3....
Winter is coming: European buyers shifting from natural gas to crude oil
Record temperatures. An unusually hot summer and prolonged drought conditions. Even the mighty Rhine runs dry. For Europe, these strange and harsh phenomena seem to be troubling omens of the difficult...
‘The Merge’ To Not Reduce Ethereum’s Gas Fees: Ethereum Foundation
On Wednesday, August 17, 2022, the Ethereum Foundation issued a new clarification regarding the highly-awaited ‘The Merge.’ According to which, ‘the Merge’ will not reduce Ethereum’s gas fees. T...
Gas prices are dropping across the US. Why now? Which states could hit $3 per gallon?
After the national average for gas surpassed $5 per gallon in June, U.S. drivers are finally finding some relief at the pump. But how low could prices go? A handful of Southern states are inching clos...
Aussie Gas Station On the Run Now Accepts Crypto Payments
The Australian convenience store and petrol station brand, On the Run (OTR), has partnered with leading crypto exchange CryptoCom and payment terminal provider DataMesh Group Pty Ltd to launch Austral...
Australia’s Leading Gas Station Accepts Crypto Payments For Fuel
Australians will now be able to fuel up their cars through Bitcoin and other cryptocurrencies at gas stations and convenience stores under the ‘On The Run’ (OTR) group at 175 branches across Victoria,...
Only 5 S&P 500 stocks ended higher after Powell’s sobering Jackson Hole speech
It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to clarify that monetary policy would be relentlessly tightened in the months ahead. Investors dumped stocks, send...