Ethereum average gas fee falls down to $1.57, the lowest since 2020

The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Eth...

Gas Prices Drop Ahead Of July 4th–Here’s How Much Higher They Are Than Prior Years

Topline The average price for a gallon of gas was $4.822 nationally Saturday, according to AAA, continuing a steady decline after briefly topping $5 per gallon last month–but gas prices are still much...

Russia Takes Control of International LNG Project

Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...

Putin Seizes Control Over Major Gas And Oil Project From Foreign Investors

Topline President Vladimir Putin has seized control of a major gas project in Russia’s far east—a move that could force foreign investors to abandon the project—shocking already skittish energy market...

EPA Targets Permian Basin, Widening Biden’s War On Oil And Gas

WASHINGTON, D.C. – APRIL 22, 2018: A flag with the United States Environmental Protection Agency … [+] (EPA) logo flies at the agency’s headquarters in Washington, D.C. (Photo by Rob...

Supreme Court Clouds Future Of EPA Clean Air Rules, Threatening Climate Goals

Aerial view of coal power plant high pipes with black smoke moving up polluting atmosphere at … [+] sunrise. getty SCOTUS ruling could set back efforts to fight climate change, affect energy inv...

Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

Paying gas fees is a crucial component of exchanging crypto and mining digital assets yet remains a significant cost barrier for transactions. A prime example is the major cryptocurrency Ethereum, who...

Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again

Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds.  There are a hos...

Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022

At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has falle...

UK plans to cut pipelines to EU if Russia gas crisis intensifies

The UK will cut off gas supplies to mainland Europe if it is hit by severe shortages under an emergency plan that energy companies warn risks exacerbating a crisis on the continent. With European coun...

Gas Price-Sparked Interest In EVs Is No Passing Fad, Cox Economists Predict

NEW YORK, NEW YORK – JUNE 01: Gas prices are displayed at a Manhattan station on June 01, 2022 in … [+] New York City. Cox Auto predicts higher electric vehicle sales even after the gas pr...

Oil Tanker Is Stopped by U.S. in Transit From Russian Port to New Orleans

U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek shipowner TMS Tankers L...

ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay to the blockchain network for each transaction. For example, when a user makes a transfer on Ethereum, miners ...

Russian Gas Cuts Threaten World’s Largest Chemicals Hub

LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...

Gas Falling Below $6 – Trustnodes

Gas is down about 3% with it falling to $6.02 at some point as it drops more than 30% from $9 earlier this month. Oil is faring a bit better, down just 0.08% and still above $100, even as G7 discusses...

California Tentative Deal Offers Up to $1,050 Gas Price Relief

(Bloomberg Law) — California families would get as much as $1,050 to offset rising gas prices and inflation under a tentative agreement between Gov. Gavin Newsom and Democrats in the Legislature...

Germany warns of a ‘Lehman moment’ if Russia cuts off natural gas to Europe

Germany is one step closer to having to ration its gas usage as supply from Russia starts to dry up, and the country’s top economic affairs official is warning that it could lead to an even larger eco...

Biden’s gas tax holiday might save you $6 a month, fueling calls for inflation stimulus checks instead

Biden’s gas tax holiday might save you $6 a month, fueling calls for inflation stimulus checks instead President Joe Biden is urging Congress to pause the gas and diesel taxes for three months t...

German Minister Warns Of ‘Catastrophic’ Industrial Shutdowns And Mass Unemployment If Gas Crisis Continues

Topline Germany’s economy minister Robert Habeck said the country’s federal government is attempting to stabilize energy supplies but warned of potential industry shutdowns and job losses if gas reser...

How To Make A Gas Tax ‘Holiday’ Make Sense For The Long Term

WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...

Biden’s gas tax holiday might only save you $6 a month — and leave a real ‘mess’ behind

Biden’s gas tax holiday might only save you $6 a month — and leave a real ‘mess’ behind President Joe Biden is urging Congress to pause the gas and diesel taxes for three months thro...

Biden’s Gas Tax Holiday Just A Drop In The Bucket? [Infographic]

Gasoline and diesel might soon reach U.S. gas stations free of federal taxes. A corresponding proposal was put forward yesterday by the Biden administration and would have to be decided upon by Congre...

Germany Decries ‘Economic Attack’ By Putin As It Inches Towards Gas Rationing

Topline Germany triggered the second phase of its three-stage gas emergency plan on Thursday and urged its citizens to cut back on usage, as it flagged concerns about a drop in supplies from Russia th...

These dividend stocks yield at least 5% and have plenty of room to raise payouts

This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...

Germany Warns of Lehman-Like Contagion From Russian Gas Cuts

(Bloomberg) — Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in trigger...

Gas Prices Are Coming Down, With or Without Biden’s Tax Holiday

Text size Prices are displayed on a gas pump at a gas station in Washington, DC. Stefani Reynolds/AFP/Getty Images President Joe Biden’s latest effort to lower the price at the pump probably isn’t goi...

May 2022 – Monthly Research Key Data – ETH Gas Price Rose by 20%

HodlX Guest Post  Submit Your Post   Key data May set records for highest and lowest gas fees. In May, the average price for Ethereum gas rose 20% compared to April. Total value locked (TVL) in the De...

President Biden calls on Congress to suspend U.S. gas tax for 90 days

US President Biden delivers remarks on efforts to lower high gas prices in the South Court Auditorium at Eisenhower Executive Office Building June 22, 2022 in Washington, DC. Jim Watson | AFP | Getty ...

Why Biden’s Federal Gas Tax Holiday Would Be Bad For America

Biden speaking Tuesday in the Roosevelt room at the White House. Getty Images Is too much inflation crushing your summer vacation plans? President Joe Biden has a holiday for you — at the gas pump. Bi...

Biden Proposes Gas Tax Suspension. That’s Not Why Oil Prices Are Falling.

Text size Crude prices fall as the Biden administration takes more steps to try to lower gasoline prices. Mario Tama/Getty Images Oil prices were falling Wednesday as President Joe Biden prepared to a...

Oil and gas stocks suffer broad, sharp selloff as crude futures drop

The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...

Biden Calls On Congress To Approve Three-Month Gas Tax Holiday

Topline President Joe Biden called on Congress to suspend the federal gas tax for three months early on Wednesday, a move that the White House hopes will help ease some of the pain caused by high gas ...