As the summer travel season heats up, gas prices are soaring, and Americans aren’t happy about it. The average price of a gallon of gas moved to a record high of $4.91 nationwide on Tuesday. That’s a ...
Tag: Gas
Gas Now Tops $5 A Gallon In These 13 States
Topline Average U.S. gas prices are now more than $5 per gallon in over a dozen states, according to the latest American Automobile Association data, as prices continue to climb to new record levels d...
Gas prices surge again to record high but the driver is refineries, not oil prices
Another week, another record high for gas prices. And there seems to be no immediate relief in sight. The average price for regular unleaded gas surged by a quarter in the past week to a record $4.86 ...
Top LNG exporter Australia faces natural gas shortage — Quartz
Australia is the world’s top exporter of liquified natural gas (LNG). Right now, it is also facing a domestic gas crisis. Prices of power and gas in the land down under have surged amid what the count...
Russian oil and gas: headed for long-term decline?
Boasting a quarter of the planet’s gas reserves and more than 5 per cent of its crude oil, Russia’s economy has long been dominated by the energy sector. As the country’s isolation intensifies followi...
Record Crack Spreads, $9.77 A Gallon Gas And Why Pump Prices Seem To Go Up Faster Than They Go Down
Average gas prices in the U.S. are surging toward a record $5 per gallon. Getty Images The most expensive gasoline in the United States can be found at the Chevron station in Mendocino, California, wh...
As gas prices hit records highs this exploration stock could be set to benefit
Crude oil futures are hovering around $118 as traders try to get a better feel of the demand outlook. Recently announced relaxation of Covid measures in China could spur demand; yet, inflation is stil...
Californians sound off on high gas prices
LOS ANGELES — It wasn’t all that long ago that filling up a big gas tank cost less than $100 in California. Not anymore. The statewide average for regular gas is currently $6.34 per gallon, more than ...
DiDi shares surge over 50% premarket as China lifts foot of probe gas pedal
Reports of Beijing officials winding down their year-long probe into DiDi Global (NYSE: DIDI) are surfacing, having an effect across markets. Notably, the U.S. stock index futures rose in early tradi...
What Does Europe’s Ban On Russian Oil And Gas Mean For The West?
Europe’s extreme dependency on Russian energy products from oil to natural gas is made clear recently from the manner in which they have approached sanctions – with incrementalism, slowly sinkin...
Biden Administration Considers A Windfall Tax On Oil And Gas Profits
The Biden administration is considering a proposal to tax oil and gas windfall profits to provide a gas subsidy for American consumers struggling with high energy prices, said Bharat Ramamurti, deputy...
A Simple Way To Offset Higher Gas Prices
LOS ANGELES, CA-JUNE 1, 2022: Jim Moreno, 56, of Los Angeles, takes a photograph of the sign, … [+] showing the price of gasoline approaching close to $8 a gallon at the Chevron gas station loca...
Ethereum L2 Gas Fees Hit ATH; Here’s Why
Vladislav Sopov Usage of second-layer networks on top of Ethereum (ETH) rocketed in last two days, data says Contents Ethereum L2s consumed 4% of gas limit TVL of L2s has broken multi-week downtrend O...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token...
CEOs on gas, renewables and the energy crisis
From the Covid-19 pandemic and supply chain shocks to rising inflation and Russia’s invasion of Ukraine, governments and businesses around the world are attempting to tackle and solve major cris...
OPEC Bows To Global Pressure To Increase Oil Supply
Getty Images Key Takeaways The price of crude oil continues to rise and hit new highs on the back of significant demand post-Covid19 OPEC has agreed to increase their oil output to 648,000 barrels a d...
US energy company opens crypto mining facility in Middle East to use stranded natural gas
As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based mining co...
OPEC Move Is Not Worth Biden’s Hype, And Won’t Stop Record Gasoline Prices
Biden speaking by video with a different cartel, of baby formula makers, June 1, 2020. © 2022 Bloomberg Finance LP Another day, another record for gasoline prices, which hit an average of $4.715 a gal...
The Giant Gas Reserve That Could Have Eased Today’s Crisis
Argentina, home to the world’s second-largest shale gas deposit, cannot help gas-starved Europe, which is scrambling to obtain non-Russian natural gas after Russia’s invasion of Ukraine. In fact, Arge...
Small-cap growth stocks are at their lowest P/E valuation in at least 24 years.
Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investo...
US-Based Crusoe Energy To Use Flared Gas In Oman For Bitcoin Mining ⋆ ZyCrypto
Advertisement     US-based firm Crusoe Energy has signed a deal with the Oman Investment Authority (OIA) to use stranded natural gas in the Middle East country to powe...
Oman’s Oil Companies to Mine Bitcoin with Excessive Gas
Alex Dovbnya Oman’s sovereign wealth fund was among investors who took part in Crusoe Energy’s recent funding round Oman Investment Authority, a sovereign wealth fund, participated in the ...
Ethereum and its Tiring Gas Fees: What Alternatives are for Games?
The core objective of blockchain technology is to create a trustless environment that facilitates immutable transactions among people over the internet. Another possible blockchain usage purpose is to...
Ethereum Transactions Failed Over 1.2 Million, Gas Fee Was Detected
3 hours ago | 2 mins read Ethereum News Ethereum lost around 62.81% from its all-time high of $4,891.70. Ethereum transactions will be much faster and cheaper on layer 2 blockchain. The new governance...
Billionaire Enrique Razon To Take Controlling Stake In Malampaya Gas Project From Tycoon Dennis Uy
Enrique Razon, chairman of International Container Terminal Services Inc. (ICTSI) and Bloomberry … [+] Resorts Corp., speaks during a Bloomberg Television interview at the Milken Institute Globa...
Gas prices: 7 U.S. states top $5 per gallon as inflation bites
Brace yourselves for more pain at the pump this summer. Seven states are now at an average of $5 or higher per gallon, according to AAA data, with Illinois becoming the latest to join California, Oreg...
Gas Relief: Ethereum Fees Fall To July 2021 Lows
Ethereum gas prices have been dropping for a while. The aftermath of the Terra collapse has been riddled with various lows occurring due to the market crash it had triggered. One of these has been the...
No Relief In Sight For Gas Prices Or Biden
LONG BEACH, CALIFORNIA – MARCH 07 : In this composite image taken at the same gasoline station … [+] 43-years apart, the price differences are reflected decades later. Top photo, taken May...
As Gas Prices Per Transaction Fall Below $3 Ethereum Transaction Fees Have Dropped To A 10 Month Low
Sending ethereum with Zksync costs $0.04, while swapping coins costs $0.09. Loopring’s ether exchange costs are equivalent to Loopring’s, at $0.04 per move, but trading a coin with Loopring will impai...
Exxon Gets an Upgrade, but Analyst Takes ‘Chips Off Table’ for 2 Other Oil Stocks
Text size Gas prices are displayed on a pump at an Exxon gas station in Washington, DC, on May 24, 2022. Stefani Reynolds / AFP via Getty Images Energy stocks have emerged winners in this period of vo...