(Bloomberg) — A record production decline in the largest US natural gas basin came just as extreme cold sent demand booming for the commodity used to heat homes and fuel power plants, exacerbati...
Tag: Gas
Natural Gas ETFs: Waves of Volatility
Natural gas prices are on a wild ride, and a pair of exchange-traded funds may help investors with ice in their veins take advantage of those swings. As we head into 2023, the odds favor a continuatio...
The Goal, The Roadblocks, And What It All Means For Coal And Gas.
Electrical power transmission lines at evening. Getty Images President Biden’s climate vision is to transition energy from fossil fuels to renewables in the electricity sector of the US economy. One o...
A New Type Of Oil And Gas Funding Is Booming
As banks have pulled back from funding oil and gas operations and other traditional sources of financing such as equity investment or reserve-based lending (RBL) facilities are drying up, private U.S....
Gas prices drop heading into the new year
Joseph Starr of Aliso Viejo pumps gas at the Chevron station in Orange in March, when gas prices were on the rise. (Gary Coronado / Los Angeles Times) After a year in which drivers paid some of the hi...
How Europe’s Natural Gas Price Cap Could Backfire
1. Europe’s Gas Price Cap Might Backfire Soon Price cap – Members of the European Union have agreed to a gas price cap of €180 per MWh (approximately $56 per mmBtu) that could be triggered start...
Oil Passes Natural Gas as Main Fuel for Power Plants in New England
(Bloomberg) — Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in th...
Natural Gas Prices Advance, Stocks Mixed, On Frigid Temps
U.S. natural gas prices swung low, then higher Friday as freezing temperatures descended across the country. Meanwhile, natural gas stocks and LNG stocks were mixed Friday as a key export terminal in ...
Deadly Blast Destroys Russia-Ukraine Gas Export Pipeline
A gas pipeline in central Russia that brings gas from Russia’s Arctic through Ukraine to Europe has been shut following a huge blast that ripped through and left three people dead and one injure...
Porsche starts production of e-fuel that could provide gas alternative
Barbara Frenkel, member of the executive board for procurement at Porsche, (left) and Michael Steiner, member of the executive board for development and research fuel a 911 with e-fuel at a pilot plan...
The Top 5 U.S. Oil And Gas Dividend Stocks For 2023
Chairman and CEO of Baird-owned Strategas Research Partners Jason Trennert has advised investors to adopt a defensive approach in 2023 due to a high likelihood of a recession. In addition to providing...
Gas below $3 could be days away, heralding the end of today’s white hot inflation — here are 3 stocks Goldman Sachs likes to capitalize on falling prices
Gas below $3 could be days away, heralding the end of today’s white hot inflation — here are 3 stocks Goldman Sachs likes to capitalize on falling prices After a summer of elevated gas prices, e...
5 Outperforming Oil Companies To Consider For 2023
Summary Occidental PetroleumOXY was the largest outperformer. Other stocks that beat the index included Marathon OilMRO , APAAPA , Valero EnergyVLO and Marathon PetroleumMPC . As 2022 comes to a close...
XEN crypto accounts for 15% of all Ethereum gas fees
XEN crypto, an ERC-20 token launched in October, accounts for about 15% of all Ethereum gas fees. XEN (a pointless scam token) is currently ~15% of Ethereum gas spend. – 4x more than all L2s.– 20% abo...
Top Natural Gas Producers Rally Against Australia Price Cap Plan
(Bloomberg) — Major natural gas producers are pushing back against an Australian plan to cap domestic prices, saying the policy risks creating supply shortages by curtailing new investment. Most...
Ethereum Issuance Drops to Zero as XEN Minters Burn Gas
Ethereum is about to switch back into deflationary issuance. This generally happens when on-chain activity and gas consumption increase. On-chain activity on the Ethereum network has increased over th...
Why U.S. Electricity Is Becoming Even More Natural Gas Dominant
WASHINGTON, DC – OCTOBER 31: U.S. President Joe Biden delivers remarks on oil company profits in the … [+] Roosevelt Room of the White House on October 31, 2022 in Washington, DC. Biden is...
Gas prices are now lower than at this time last year. Could they fall below $3 a gallon in the months ahead?
Gas prices on Thursday were slightly less on average than they did one year ago — with a slim one-cent margin — but experts say there could be cheaper gas in the weeks and month to come. Thursday’s na...
Assessing the ‘why’ behind ETH’s gas price spike due to Binance
Ethereum’s gas fees spiked due to Binance’s Proof-of-Reserves endeavors Activity on the network increased, however, sentiment against Ethereum declined Over the last few days, there was a massive spik...
Ethereum gas fees surge as Binance moves funds for PoR
According to a recent analysis, Ethereum gas charges surged to 233 GWEI on Dec. 9, the second-highest number recorded in 2022. This surge was triggered by a transfer of about 437,000 ETH from the Bina...
Dimon Highlights Need For More Oil And Gas Investment As Vanguard Bails On ESG Group
UNITED STATES – SEPTEMBER 22: Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate … [+] Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nat...
With Price Index Higher, Could the Fed Keep Foot on the Gas?
This past month’s Producer Price Index (PPI) in the U.S. came in slightly higher than expected, edging markets down slightly. In Nov., PPI rose 0.3% over the previous month and 7.4% over the previous ...
Bitcoin Miner 360 Mining Raised $2.25 Million (USD) To Increase Production Of Natural Gas
Bitcoin miner 360 mining intended to increase $2.25 million (USD) in recent funding. The New York government announced a ban on bitcoin mining entities for the next two years. The Bitcoin miner 360 mi...
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions – Bitcoin News
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduc...
Which is a better oil and gas stock?
Shell (LON: SHEL) and BP (LON: BP) are the first and third-biggest oil and gas companies in Europe in terms of market capitalisation. The two have a market cap of over $199 billion and $102 billion, r...
Bitcoin miner 360 Mining raises $2.25 million as it scales natural gas production
Bitcoin miner 360 Mining raised $2.25 million in a new funding round and plans to deploy the funds to increase natural gas production and mining capacity. The company’s plans were reveale...
Legislators propose federal reports of gas emissions for crypto miners
Three U.S. lawmakers introduced a bill that would ask the Environmental Protection Agency to study crypto mining activity and require that miners that use more than 5 megawatts of power submit informa...
European Natural Gas Prices Surge as Winter Blast Stokes Demand
(Bloomberg) — European natural gas prices jumped for a third session as a blast of unusually cold weather across the northern half of the continent tests its resilience to a historic energy cris...
20 big oil companies expected to be cash gushers in 2023 despite uncertainty
The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are interested in investing ...